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Bamboo expert 4

3

Bamboo expert 4 is based on the custom indicator Bamboo 4. Entry points are determined using Bamboo 4 values. Positions are closed when reaching specified profit and loss levels or when opposite signal appears if Stop Loss and Take Profit values are zero.

Input Parameters
  • Period - Period parameter of the indicator Bamboo 4;
  • Mode - operation mode of the Expert Advisor (0-7);
  • Stop Loss - loss fixing level in points;
  • Take Profit - profit fixing levels in points;
  • Lot - lot size;
  • Magic Number - "magic" number of the orders.

The screenshots demonstrate the backtesting results. The backtesting was conducted for the period from 2019.01.07 to 2019.12.28 on EURUSD and M30 timeframe using the "Every tick" option. The Expert Advisor was set to a lot of 0.1, stop loss of 500 points and take profit of 400 points. The Period was 16 and the mode was 7, spread 20.

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Leonid Arkhipov
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3.67 (3)
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Mihails Babuskins
4.67 (3)
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Operation of the CodEx Expert Advisor is based on patterns composed of consecutive candles. Positions are closed when opposite signals appear. Sequences of candles are encoded into an integer according to the following rule. The code number must be converted to binary form and the highest bit must be discarded. The resulting sequence of bits encodes a continuous sequence of candles, where 1 is a bullish candle, 0 is a bearish candle. The higher bits encode the earlier candles. For example: 19[10
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Miguel Jimenez Cordero
6769
Miguel Jimenez Cordero 2021.02.18 20:14 
 

Good job

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