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Effective Decision

The Effective Decision bot (for EURUSD) works on the Metatrader trading platform, which is widespread on the Forex market. The basis of the bot is a complex algorithm for controlling transactions. Many indicators are used as the main entry signal (Envelopes, ADX, Bands, MA, RSI, AD, Alligator, BearsPower, Fractals, Momentum).

Bot environment:
  • Currency pair - EURUSD.
  • TimeFrame - H1.
  • The maximum spread is 20 pips.
  • Required deposit - $10,000 (or equivalent).
  • The maximum drawdown is 12%.
Peculiarities:
  • Built-in mathematical algorithm for averaging pips (PIPS AVERAGING ALGORITHM).
  • Built-in scalping technique Fast-In-Fast-Out (inside the candle).
  • Built-in module for self-tuning artificial intelligence processing (the neural network is built into the EA and trained for EURUSD).
  • Trades both buy and sell at the same time. That is, it has two independent systems of analysis.
Options:
  • StartVolume: initial lot size.
  • OnRisk: used to enable automatic lot detection depending on the deposit.
  • LimitBalanceForRisk: maximum balance limit.
  • PercentRisk: risk percentage, relative to which initial deposit the risk is calculated.
  • Risk: money management options.
  • LotDecimal: Lot precision (rounded up to how many digits).
  • Stop Loss: spot loss (in points).
  • Take Profit: take profit (in points).
  • Take Profit Virt: virtual take profit (in points).
  • Take Profit Scalping Virt: virtual take profit when scalping (in points).
  • Trail Start: trailing start (in points).
  • Trail Stop: trailing stop (in points).
  • Grid Step: minimum grid step (in points).
  • MaxTrades: order limit.
  • Min Stops Level: forced level of the minimum distance for stops.
  • Max Spread: the maximum spread at which you can open an order.
  • TotalEquityRisk: critical drawdown.
  • TotalEquityProfit: profit for closing all trades.
  • TotalCloseMonth: closing at the end of the month with a small minus.
  • WorkTF: timeframe on which the bot works.
  • Magic: Magic number for all trades.


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