Search light CFD
- Experts
- Kazuya Koizumi
- Versão: 1.2
- Atualizado: 13 agosto 2024
- Ativações: 8
Overview:
This EA is a tool that automates trading of CFDs and Forex pairs based on a unique algorithm, without using common methods such as the Martingale method or Bollinger Bands.
Features:
Unique algorithm: It uses a unique algorithm called the "Search light method" to analyze charts and find optimal entry points.
Flexible settings: By adjusting multiple parameters, it can be used for various trading targets.
For more information, please see the Blog page https://www.mql5.com/ja/blogs/post/758621
Parameters:
- "magic number" / magic is unique id for EA
- "Lots" / Trading Volume
- "Profit" value / tp
- "Stop loss value" / sl
- "Time frame" / Candle time frame
- "Wait (%)" / The percentage that determines the timing of entry. Sets the percentage of the time frame after which to enter.
- "Spread capacity" / Spread capacity
- "Candle differential buy" / Candle differential to determine the timing of buy entry (the most important setting value for this EA)
- "Candle differential sell" / Candle differential to determine the timing of sell entry (the most important setting value for this EA)
- "Nap time in N bars" / Length of nap time
- "Nap time start rate" / Profit rate required for next nap
- "Clear BUY when BUY" / When placing a new buy order, closes existing buy positions
- "Clear SELL when SELL" / When placing a new sell order, closes existing sell positions
- "Clear SELL when BUY" / When placing a new buy order, closes existing sell positions
- "Clear BUY when SELL" / When placing a new sell order, closes existing buy positions
- "Max multiple orders" / Maximum number of held positions
- "trailing stop" / Trailing stop
Do not set zero to any parameter. (0 will operate as the default value)
Recommendations:
Set the margin within your own tolerance.
When deciding the parameter values, we recommend backtesting to determine the trend.
Risk warning:
This program does not guarantee profits. Test results using past data do not guarantee future results.
Please note that there is a risk of losing funds.
Disclaimer:
Please note that if you set the parameters to form an upward-sloping graph, the number of transactions will be very small, and in some cases, no transactions may occur for more than several months.
As a general rule, all held positions will be closed when the unrealized loss exceeds 98% of the balance.
Please note that if the set value of Lots is less than the minimum value of the symbol, the minimum lot will be automatically assigned and a transaction will be attempted.
By purchasing the EA, you agree that the creator is not liable for any damages caused by the use of this program.
Acknowledgements:
We would like to thank everyone who helped develop this EA. Thank you.
Created by ALTERWORKS - 2024