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LL Long Term EA

- UPDATE 1.2 IS OUT - PLEASE READ ALL THE DESCRIPTION BEFORE USE IT

THE EA IS ALREADY OPTIMIZED FOR EURUSD H4, YOU ONLY HAVE TO CHANGE MAX ORDERS TO 5 IN ORDER TO WORK.

LL Long Term EA is an algorithm developed to apply a long-term strategy. The main features are the use of grid pending orders for both recovery and continuation in the trend, the use of the martingale, selectable via the multiplier. Processing a series of data through various indicators, the EA selects the best possible entry into the market, activating a recovery system by placing pending limit orders, also adding stop orders to favor trend continuation and early exit. The EA is optimized for EURUSD at H4, just select from the setting panel the number of maximum orders to 5 and launch the EA. All other symbols require a specific optimization.

These are the settings:

  • Working Symbols (here you can write the symbols to work with, use comma to separate like EURUSD,GBPUSD etc.)
  • Start Hour (here you can input the start time of the EA)
  • End Hour (here you can input the end working time of the EA)
  • Lotsize (you can choose the starting lotsize of the EA, I suggest, for a longterm stable mode, to not touch and leave at minimum)
  • Max Pending Orders (you must select your maximum amount of pending orders, I suggest a number of 5 orders)
  • Lot Multiplier (default is 200, which means that you double the lotsize for each new pending order)
  • Distance for Stop Orders (the EA works both with Pending Stop and Limits, so this is the distance for each Stop Order)
  • Distance for Limit Orders (the EA works both with Pending Stop and Limits, so this is the distance for each Limit Order, must be negative)
  • SL Money (here you can input the maximum amount of loss, must be negative)
  • Trailing Money (the amount of profit in money to start the trailing)
  • Trailing Distance (the distance from the start trailing point, this is the amount of money you start secure in profit)

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Versão 1.2 2023.02.16
- upgraded lotsize calculation
- improved stability