Pirate One EA V1.20Posted by: fxtools | Posted on: September 2, 2019
The expert trades during a small market volatility, after the end of the American session, tracking price levels on several indicators.
After that, it opens positions and watches them until they are closed with a profit or, if possible, with a slight loss if the NOISE_FILTER function is enabled, otherwise positions will be closed only by TakeProfit and Stoploss.
Does not use martingale strategies, averaging positions, waiting for a loss, etc.
Positions can be opened with fixed TakeProfit and virtual.
It is possible to use a dynamic lot to increase the volume of positions with successful trading.
The size of Riska, TakeProfit and Stoploss, only for average testing, for each currency pair should be selected separately!
I recommend currency pairs: EURCHF, EURGBP, GBPUSD.
Possible currency pairs for testing: CHFJPY, EURAUD, USDCAD.
I do not recommend putting all pairs at once!, Especially if they are correlated with each other.
It is better to place first on one tested and optimized pair with a small risk, or a fixed lot, in order to familiarize yourself with the trading process.
After the trading results are satisfactory, you can add risk and pairs.
You should use ECN accounts with five-digit quotes with a moderate size (spread).
Working time period charts M15.
The start time of the default settings (00:00) should begin at 22.00 on the winter and at 21.00 on the summer time GMT.
The time on the site https://timeskaner.ru/grinvich.html should coincide with the start of trade when the inscription appears: Trading is permitted!
You can spend using the start of trading at 23:55 for example, at this time (spread) a little less., Transactions and risk more.
- USING – Choice, trading risk or fixed lot
- RISK – Use risk,% of available funds
- LOT – Use fixed lot
- RISK / LOT – Risk or Fixed Lot Size
- WHAT_TP_TO_USE – Choosing which TakeProfit to use
- VIRTUAL – Virtual
- REAL – Real
- TAKE_PROFIT – Settable Profit
- STOP_LOSS – Fixable loss
- MAX_SPREAD_OPEN – The maximum possible (spread) for opening positions
- MAGIC_NUMBER – Magic number of positions
- SLIPPAGE – Price Slip
- NOISE_FILTER – Noise Filter
- START_TRADING – Hour to start trading expert
- STOP_TRADING – Hour ending trading expert