e-PSI@VirtualTrader_v.2.0 - it will work
Replenishment date: 15.02.2012
Content: virtualtrader.zip (137.65 KB)
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Description
Suitable for both beginners and pros.
Allows you to work both in "manual" and in automatic mode.
AND WHAT TO DO WITH IT? - EARN!
A significant part of the strategies that traders work with in the "manual" mode use pending orders - the conditions for entering the market are "calculated" by the indicators, and pending orders are opened on both sides of the price. A non-linear process, which is the change in price over time, contains "noises"; a short-term price jump with a subsequent return to the previous level, which often leads to a "false" triggering of the pending order with a subsequent loss. Such a "temporary jump" of the price may not catch the StopLoss of pending orders
All these and some other disadvantages of pending orders can be solved by this technology.
We set the conditional level (Level), define its "visibility zone" (+ -Reliable_Area) - a certain error, define its type (BUY, SELL, UNI) and define the strategy of working with it for the Expert Advisor (Variant_Send). The level is directly set on the chart using OBJ_TREND or OBJ_HLINE objects (lines). There can be an unlimited number of such levels.
The EA implements three strategies for working with levels (Variant_Send):
0 - when the price crosses the level - open an order at the current price by the name of the line (identical to pending orders);
1 - when the level is crossed: open STOP orders at the current price, open LIMIT after the price turns around and goes beyond the "visibility" of the level (OpenPrice + -Reliable_Area);
2 - the level is actually UNI (neither BUY nor SELL): after the price crosses the level and then the price goes beyond the "visibility" of the level - the order is opened in the direction of price movement.
Allows you to work both in "manual" and in automatic mode.
AND WHAT TO DO WITH IT? - EARN!
A significant part of the strategies that traders work with in the "manual" mode use pending orders - the conditions for entering the market are "calculated" by the indicators, and pending orders are opened on both sides of the price. A non-linear process, which is the change in price over time, contains "noises"; a short-term price jump with a subsequent return to the previous level, which often leads to a "false" triggering of the pending order with a subsequent loss. Such a "temporary jump" of the price may not catch the StopLoss of pending orders
All these and some other disadvantages of pending orders can be solved by this technology.
We set the conditional level (Level), define its "visibility zone" (+ -Reliable_Area) - a certain error, define its type (BUY, SELL, UNI) and define the strategy of working with it for the Expert Advisor (Variant_Send). The level is directly set on the chart using OBJ_TREND or OBJ_HLINE objects (lines). There can be an unlimited number of such levels.
The EA implements three strategies for working with levels (Variant_Send):
0 - when the price crosses the level - open an order at the current price by the name of the line (identical to pending orders);
1 - when the level is crossed: open STOP orders at the current price, open LIMIT after the price turns around and goes beyond the "visibility" of the level (OpenPrice + -Reliable_Area);
2 - the level is actually UNI (neither BUY nor SELL): after the price crosses the level and then the price goes beyond the "visibility" of the level - the order is opened in the direction of price movement.
Additional Information
Also, the advisor allows you to trail level by price, which allows you to increase the profitability of a subsequently opened order.In the description of the line, we can enter the size of STOPs according to the following rules: SL or TP (name of the stop), then its size (or absolute (in items for 4 signs) or relative), and then ";". Examples:
SL 100; TP 1.3725
SL 1.3735; TP 1.3835
STOPs can also be set in the usual way through the EA settings (Order_SL and Order_TP). It is also possible to set virtual STOPs (Virtual_Order_SL and Virtual_Order_TP).
Levels can be set (drawn) manually, or you can use an indicator that draws trend lines.
The advisor has an advanced MoneyManagement, which not only determines the size of the order to be opened, checks the conditions for "NOT exceeding" the free margin size - MINMarginPercent, the Depot load size - MAXZagruzkaDepoPercent, BUT and monitors the current loss on the MAXLossDepoPercent account (most of all closes all orders when Loss ), as well as after a Depot rollback from the maximum value MAXOtkatDepoPercent (stops trading).
You will receive a compiled file completely ready to work with MetaTrader4. Free distribution is FORBIDDEN!
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