The Road
- 专家
- Ebrahim Mohamed Ahmed Maiyas
- 版本: 1.1
- 激活: 20
This expert advisor sets up two pending orders — one (a buy stop order) at near the EMA calculated over the High prices and one (a sell stop order) near the EMA calculated over the Low prices. Both entries use a buffer above and below the moving averages. The stop-loss is set at the opposite EMA level while the take-profit is some fixed number of pips (set by the trader).
Basically, the EA trades when the price breaks out of the range formed by the two moving averages.
Advisor's advantages:
- It does not use grid, multipliers and martingale.
- The expert uses two moving average lines to determine the pending order areas.
- The expert adjusts the orders automatically.
- The expert uses high-precision algorithms.
Input parameters
Main
- MA_Period (default = 144) — the period for the moving averages to use.
- MA_Method (default = MODE_EMA) — the method of moving average calculation.
- TakeProfit (default = 115) — the take-profit distance in pips.
- PipDifference (default = 20) — how far from the EMAs the expert advisor should place its entries.
Money management
- Lots (default = 0.1) — the volume for trades. Doesn't work if the MaximumRisk parameter is non-zero.
- MaximumRisk (default = 1) — the coefficient used in position size calculation; it determines how fast the trade size will be growing depending on the available free margin. Set to zero to disable.
Miscellaneous
- Slippage (default = 30) — the acceptable price slippage in points.
- OrderCommentary (default = "Binario") — the commentary for positions opened by this EA.
- Magic (default = 16384) — the order magic number to filter positions opened by this EA.