LVL Break Out
- Experts
- LVL Invest
- 버전: 1.2
- 활성화: 10
The strategy is based on a market analysis for a specific time period. Once the market analysis is completed, the Expert Advisor opens a position if the trend is confirmed.
Trading is not a magic solution, so before using this expert on a live account, carry out your back tests and tests on a demo account.
When you will use that expert advisor on a live account, don't hesitate to share your account link with me, I would be delighted to follow your results.
. Suggested symbols:
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USDJPY (M1)
. Definition of parameters:
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Timeframe
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Timeframe: timeframe used by the Expert Advisor
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Risk Management
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Allocation Type: how the allocation is calculated
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Size: size value depending of the allocation type
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Stop Loss
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Use stop loss when opening order: true to set a stop loss while opening a position, false otherwise
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Use trailing stop loss: true to use a trailing stop loss, false otherwise
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Minimum points profit to use trailing stop: profit in points of the current position before adding a trailing stop
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Trailing stop in points: the distance in points between the current price and the trailing stop when adding it
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Take Profit
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Use take profit: true to set a take profit while opening a position, false otherwise
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Take profit type: take profit type to use
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Take profit value: take profit to use
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Settings
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Close all positions and switch off the EA: true to close all open positions and switch off the expert advisor
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Magic number: magic number to open positions
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Time Settings
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Time range start hour: the start hour from which the EA analyses the market
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Time range start minute: the start minute from which the EA analyses the market
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Time range minutes: the number of minutes from which the EA analyses the market
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Delete Orders Hours: the maximum hour to let the EA open a position
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Delete Orders Minute: the maximum minute to let the EA open a position
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Close all positions every day: true to close all positions every day at the time corresponding to “Trading end hour”, false otherwise
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Close positions hour: the hour from which the EA closes a position
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Close positions minute: the minute from which the EA closes a position
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Trading Days
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Monday: true open a position on Monday, false otherwise
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Tuesday: true open a position on Tuesday, false otherwise
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Wednesday: true open a position on Wednesday, false otherwise
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Thursday: true open a position on Thursday, false otherwise
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Friday: true open a position on Friday, false otherwise
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Saturday: true open a position on Saturday, false otherwise
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Sunday: true open a position on Sunday, false otherwise
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Frequency Settings
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Maximum number of orders per day: the maximum number of daily positions
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Maximum number of buy positions per day: the maximum number of buy positions per day
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Maximum number of sell positions per day: the maximum number of sell positions per day
