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EA algostat

Here is the English translation of the detailed description of the Expert Advisor (EA):

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This Expert Advisor (EA) is designed to perform automated trading operations based on a series of technical criteria on a 1-hour chart for the USDCHF symbol. Here is a detailed description of its functionality:

### 1. **Lot Size and Maximum Number of Entries**
   - **LotSize**: The initial lot size for each trade is set to 0.1.
   - **Max_Entries**: The EA can open up to 4 trades simultaneously. For each new trade, the lot size increases proportionally (0.1, 0.2, 0.3, etc.).

### 2. **Technical Indicators Used**
   - **ATR (Average True Range)**: Calculated over a period of 14 bars (1 hour each) to measure volatility. The ATR is multiplied by 2.0 to determine dynamic levels for Take Profit (TP) and Stop Loss (SL).
   - **MFI (Money Flow Index)**: Calculated over a period of 14 bars. Used to identify overbought (>80) or oversold (<20) conditions.
   - **ADX (Average Directional Index)**: Calculated over a period of 14 bars. Used to confirm the strength of the trend, with a threshold of 25.
   - **RSI (Relative Strength Index)**: Calculated over a period of 14 bars. Used to confirm overbought (>70) or oversold (<30) conditions.

### 3. **Entry Logic**
   - The EA checks if there is a bullish or bearish pattern identified through specific functions (`isBullishPattern`, `isBearishPattern`).
   
   - **Bearish Pattern**:
     - The EA looks for bearish patterns like the "Shooting Star", "Bearish Engulfing", or "Evening Star".
   
### 3. **Entry Logic** (Continuation)
   - **Bullish Pattern**:
     - The EA identifies bullish patterns like the "Hammer", "Bullish Engulfing", or "Morning Star".
     - If one of these bullish patterns is confirmed, and the following criteria are met:
       - The ADX is above 25 (indicating a strong trend).
       - The MFI is below 80 (indicating the market is not overbought).
       - The RSI is below 70 (indicating the market is not overbought).
     - The EA opens a buy position with the current lot size.

   - **Bearish Pattern**:
     - The EA identifies bearish patterns like the "Shooting Star", "Bearish Engulfing", or "Evening Star".
     - If one of these bearish patterns is confirmed, and the following criteria are met:
       - The ADX is above 25 (indicating a strong trend).
       - The MFI is above 20 (indicating the market is not oversold).
       - The RSI is above 30 (indicating the market is not oversold).
     - The EA opens a sell position with the current lot size.

### 4. **Lot Size and Subsequent Entries**
   - If the EA has already opened positions, the lot size for new entries increases proportionally to the number of positions already opened, up to a maximum of 4 entries. For example:
     - First entry: 0.1 lots.
     - Second entry: 0.2 lots.
     - Third entry: 0.3 lots.
     - Fourth entry: 0.4 lots.

### 5. **Dynamic Take Profit (TP) and Stop Loss (SL)**
   - Both the Take Profit and Stop Loss levels are calculated dynamically based on the ATR. This allows the EA to adapt to the current market volatility:
     - **TP** = ATR * ATR_Multiplier (2.0)
     - **SL** = ATR * ATR_Multiplier (2.0)

### 6. **Volatility Filter**
   - The EA avoids opening trades if the ADX is below 25, as this could indicate a sideways market or one without a clear direction.

### 7. **Operation on USD/CHF at 1H**
   - This EA is optimized to operate on the 1-hour chart of the USD/CHF currency pair. The choice of timeframe and currency pair is important because it directly influences the performance of the automated trading. On this timeframe, the EA looks for trading opportunities based on candlestick patterns and confirms signals through the technical indicators described above.

### 8. **Conclusions**
   - The EA is designed to operate in markets with a strong trend and leverages candlestick patterns to determine entry points. Risk management is dynamic due to the use of TP and SL based on the ATR, and the lot size is adaptive depending on the number of open positions.

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This translation should help explain the functionality of the EA in English. If you have any further questions or need additional clarifications, feel free to ask!
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Lightning JP
Aleh Rabtsau
The EA scalps on an active market. When the robot sees that there is an entry signal, it opens a trade and accompanies it until closing. The EA uses a hard stop loss. Take profit is taken depending on the market situation. At the first sign of a reversal, the adviser does not expect, he closes the order at profit regardless of how many points it will take. This makes its operation more reliable. The EA has 4 strategies. You can choose the most suitable for you. 2nd and 4th open more orders, b
Night Vision EA
Mehmet Haluk Tunc
22.12.2020 New version is released. Bug fixed and exit by MA removed.Improved fully automated Expert Advisor without martingale. Follow the trend. Checking important trade levels. It is complex calculated to catch right trend strategy. Special candles, custom indicator and maths are used for entries. Live Results shown at here  https://www.mql5.com/en/signals/669290   Default settings recomended for EURUSD m1/m5  gmt +3(or +2 winter time) .  Click here for the symbol sets you can make testing .
CeleritasForex
Sergei Kravchenko
Представляем вашему вниманию новый форекс советник CeleritasForex. Вариант советника торгующего по тренду, подойдет для более продвинутого трейдера, так как имеет небольшое количество настроек позволяющих использовать наиболее прибыльные стратегии трейдинга на выбор пользователя.Кроме этого предоставляется возможность отрегулировать такие параметры как проскальзывание, риск торговли, размер максимального спреда и размер стоп ордеров.Торговый робот открывает позиции при достижении ценой уровней п
Global EA DJ
Global Scale Europe Consulting, S.L.
Robot experto diseñado para valorar las tendencias del mercado especialmente  y apropiado para operar sobre el índice Dow Jones. Realiza operaciones de forma automática siguiendo la tendencia del mercado en las últimas horas. Adecuado para todo tipo de usuarios interesados en un robot sencillo de gestionar, muy intuitivo y apto para personas no expertas.
Stp
Vladislav Filippov
For the expert to work correctly, do not forget to upload the files to the directory of the agreement (... AppData \ Roaming \ MetaQuotes \ Terminal \ Common \ Files) STP is an automated trading adviser based on neurotechnology, working on an hourly timeframe. The Expert Advisor is configured for trading according to the safe trading strategy from levels, involving the opening of short-term deals and closing them when positive profitability dynamics of several points are achieved, which allow
The EA has a complex trading system, with secret algorithms for calculating signals. Since trading is conducted exclusively at the peaks of the trend movement, the robot rarely falls into a drawdown. If the drawdown is formed, the EA exits it using a double grid of multidirectional orders. EA settings Auto Lot - automatic lot. It is calculated as 0.01 for the Deposit amount specified in this setting. For example, You specified 100. So for a Deposit of $ 100, the lot will be 0.01, for a Deposit
Depron
Aleh Rabtsau
Advisor on the author's trending indicator Breetmabs, which was developed for a long time, taking into account the real behavior of the trend under different shopping circumstances. This EA is the result of our many years of work. It takes into account many subtleties of the market. The profit is fixed only on the trend reversal (if the trend goes in the direction of an open order - the EA waits for the reversal and fixes the profit at the maximum point). All our 15 years experience of trading o
RocketRise
Qiuqing Zeng
3 (2)
RocketRise EA  Key Advantages Congratulations on China's new type of coronary pneumonia being controlled, 50% off from March 1st to March 15th, 2020. The EA is  the symbiosis of trading algorithms. Designed for trading major currency pairs,It implements a simple and universal trading strategy which can be applied to any instrument. 1.Fully automated trading 24/5. 2.Can handle deposits of any size. 3.Always use stop loss risk. 4.Use tracking to stop chasing profits. 5.Ability to set the time of
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EAalgotrading
Francesco Lippo
This trading bot is based on the Supply and Demand strategy, which is one of the most popular strategies in technical analysis for financial markets like Forex, used to identify key areas of support and resistance. Here are the fundamental principles and how the bot works:  "It works excellently on Nat Gas with a 30-minute timeframe and a minimum capital of 1,600 euros. Fundamental Principles of the Supply and Demand Strategy: Demand Zones : These are areas on price charts where the demand for
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