MarketMaverick I
- Experts
- Themichl LLC
- 버전: 1.0
- 활성화: 5
The MarketMaverick Expert Advisor (EA) is a sophisticated trading algorithm designed for the MetaTrader 5 platform, developed by Themichl LLC. This EA leverages a combination of technical indicators and risk management strategies to execute trades in the forex market. It is engineered to operate within specified trading hours and incorporates advanced features such as news filtering, trailing stops, and dynamic lot sizing based on risk percentage. The EA is designed to provide traders with a robust and flexible tool for automated trading, emphasizing risk management and strategic entry and exit points.
Key Features:
Key Features:
1. **Technical Indicators:**
- **Bollinger Bands:** Used to identify overbought or oversold conditions.
- **Average True Range (ATR):** Used for setting dynamic stop-loss and take-profit levels.
- **Average Directional Index (ADX):** Used to determine the strength of a trend.
- **Moving Average (MA):** Used to confirm trend direction.
2. **Trading Logic:**
- The EA places buy orders when the price crosses above the lower Bollinger Band and is above the Moving Average.
- It places sell orders when the price crosses below the upper Bollinger Band and is below the Moving Average.
- Trades are only placed if the ADX value indicates a strong trend.
3. **Risk and Money Management:**
- Lot size is calculated based on a specified risk percentage of the account balance.
- Stop-loss and take-profit levels can be set as fixed values or based on ATR multipliers.
- A trailing stop feature is available to lock in profits as the trade moves in favor.
4. **Trading Restrictions:**
- Trades are restricted to specific hours defined by the user.
- A news filter prevents trading around high-impact news events.
- A cooldown period between trades prevents overtrading.
- A maximum drawdown check stops trading if losses exceed a specified percentage of the account balance.
5. **Error Handling and Logging:**
- The EA includes error logging with suppression of repetitive messages to avoid clutter.
- Detailed logging can be enabled for debugging and monitoring purposes.
6. **Customization:**
- Numerous input parameters allow users to customize the EA's behavior, including lot size, risk percentage, indicator periods, and trading hours.