Another example of the advisor work. Blue lines marked the buy orders, red lines marked the sell orders. As you can see, on a good downward movement, the advisor was building a grid of buy orders for purchases, on the other hand, there was a sales order without stops and takes and collected many hundreds of profit points — compensating for the growing drawdown on the buy grid.
Pay attention to spreads — the less, the better; Pay attention to the leverage — the higher, the better. Theoretically, you can try using other currency pairs. Since for this pair it is not difficult to fly on a thousand points — then the main step between the orders is set to one hundred old pips , and to another 50 points from the fourth order, the extension is written in the settings that is, the next steps will be points and so on.
I remind you — in the Expert Advisor you need to specify in this case a step of one thousand points — if you have a five-digit account for a four-digit account you can only put If you make a step in a five-figure account — it will open a new order every 10 points 10 old points with 4 digits — is new points with 5. After opening two orders without SL and TP, the adviser waited for a movement of points to open a new order.
As soon as the price passed the traffic set in the settings — the second order was opened and the order took profit. Further, the price has passed the distance to take profit, the grid is closed and again two orders are in operation. With testing , there are some interesting nuances that need to be mentioned.
These factors all make the testing process itself difficult, and the results of the test will also be rather questionable. And, if you manually intervene in trading — sometimes prohibiting the trade, sometimes allowing, closing locks of two orders and re-launching the bot work. In the end, the test results will have nothing to do with the reality in the tester, this is not taken into account , remember this.
However, I did some tests for you anyway — to make it clear — the advisor is very interesting and deserves attention. Broker: Roboforex. The first monitoring from our Robotest rubric. There is not much to tell, the EA launched recently, so you just can see how transactions are being made. But, the second monitoring is from a private trader Cerebellum. This is the oldest advisor monitoring — it works since , and as you can see from the history, which it is open, the adviser works with the lot exponent 2.
Do you know a lot of such robots? Similarly, monitoring shows a drawdown and the yield curve almost went down. However, the deposit was not completely lost, and now the adviser practically restored it. Why it happened: a step between the orders of 30 points and the lot exponent is 2. It was not enough for the advisor to return and finish with a profit, although after fixing the losses, the pair turned around and went up. Theoretically, everything was correctly done by the bot.
In a word, very interesting monitoring. Lots — starting lot size; LotExponent — multiplier for a new net order; StepPeriod — period for setting net step; StepDel — divider of the step in a period; StepMin — minimal value of net step in points ; StepPlusOrder — net order number, after which the net step starts to increase; StepPlusValue — net step size increase after the StepPlusOrder; Slippage — allowed slippage at requotes in points ; TakeProfit — after reaching how many profit points to close the order net; RsiMinimum — lower RSI 14 indicator level of the current timeframe; RsiMaximum — upper RSI 14 indicator level of the current timeframe; MagicBuy — MagicNumber for BUY orders; MagicSell — MagicNumber for SELL orders; MaxTrades — maximum number of orders in the net; StartProfit — starting order profit in deposit currency, when reaching of which it is closed if a pair order is not yet open.
The robot goes with a preset file with the settings — use it if you do not know how to choose the settings. For those who do not know what is the difference between the accounts with 4 and 5 digits after the comma — look here ;. Do not change anything in the parameters of the Expert Advisor and use only the recommended values unless you know exactly what you are doing! Not less than currency units using 0.
As you already understood from the review — this adviser will not make you a millionaire in a short time, however, it will not lose your deposit in the first news week of the month — which can happen with many Martingale type robots. For the correct operation of the EA, the trading terminal must be switched on from the market opening on a Sunday evening until its closing on Friday evening. Hello, ladies and gentlemen, Forex traders!
Advisor Strategy Ilan Refact 1. There will be a picture as on the screen below: If the day turns out to be very flat, there will not be any obvious movement in one direction or another, and the price will not reach the level specified in the options for opening the next order — then a pair of buy and sell orders can hang all day.
Sometimes, after very strong movements something like that can happen example with two orders with points between them : What to do in this case? Often a trader, especially a beginner, don't complicate your life testing and selection of optimal settings MTS Ilan, so either doubles your Deposit, or merges all and writes a negative review on the forum. Periodically adapt the parameters of the MTS under the current market - 1 times in 3 months is quite enough.
Remember that the profitability of trade is highly dependent on your chosen broker! Advisor ilan Ilan. By Daniel Gamp August 29, This means that the profit will be obtained regardless of which way the price will go after the opening of the transaction. Achieved this effect by increasing the lot on Martingale the coefficient can be set in the settings, on average, from 1.
That is, when you roll it back up into a number of points all positions will be closed on the last TR. Some deals will be unprofitable, part with larger lots - profitable, but everything is designed so that in total we have profit. If the price continues to go down, opens 3rd position overall TR is shifted even lower, etc. Labels Forex advisors. Labels: Forex advisors. Post a Comment. Popular posts from this blog Wave analysis Elliott.
By Daniel Gamp September 18, Wave analysis Elliott Analyzing the price movement at different time intervals, the Creator wave analysis determined that even the psychology of the market, i. The behavior of the masses the crowd , which is important for any financial market, from the point of view of psychology goes 6 - stage expansion, enthusiasm, euphoria, sedation, decline and depression.
Basic postulates of wave theory Elliott said, that the price movement in any market there are waves that allows one to predict the further development of the situation. In a bear market there are no sharp price movement rates. In General, for such a market is characterized by calm during all processes.
On the contrary, a bullish market is aggressive and dynamic price constantly jumps up or down, volatility remains high. In wave analysis Forex , as well as in any other market, there. Read more. By Daniel Gamp September 03, We look at the H1 chart - closed at 9. M30 - green candle. M15 - 9. And finally, M5 - 9.
This is not the size of. Specified them on assuming you would be to plug in another keyboard. Adjustable feet make a service, you compensate for any the different service. The best alternative associate them to old column.
I am a programmer and a happy trader.. I saw Zero activity. Create an account or login to comment You must be a member in order to leave a comment Create account Create an account on our community. It's easy! Log in Already have an account? Log in here. Log in. Any Idea Guys?
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Expert Advisor [Flex EA v4. Hamilton expert advisor mql needed? Oct 19, Sep 22, Download the archive. Next, you follow the address MQL4 — Experts. Next, you paste the Expert into this folder and restart the MT4. If everything is correct, there will appear a smiling face in the top right corner of the chart. This is the original version of the Expert working on the hourly timeframe.
It is designed for all major currency pairs. A trade is entered at the beginning of every hour. It spots the short-term trend based on the most recent two bars and enters a trade in the trend direction. If the price reverses, the next trade is multiplied by the Martingale coefficient, which is specified in the settings, in the original direction counter the trend.
This allows us to compensate for the losing trades with the winning ones. Although this modification is not the most up-to-date, it is considered to be the most successful and popular in practical trading. When the indicator is attached to the chart, the first trade is entered almost instantly sometimes, you need to wait for about 15 minutes. The EA works with all liquid currency pairs on the five-minute timeframe. You can trade forex or employ it in binary options. The recommended minimum deposit is USD.
The working principle here is similar to the trading algorithm of the previous version. Stop losses are not set automatically, trades are exited with the take profit. If the price goes in the opposite direction Ilan enters another trade in the same direction as the previous one. So, I recommend running the EA on a demo account with the default values and then decide what options should be changed, according to your trading style conservative or aggressive.
The template can be uploaded here. Ilan refact 1. It also employs the RSI signals. Buy and sell trades are entered simultaneously in the 5-minute timeframe in the same chart of an instrument. Differently put, when you launch it on the chart, the EA enters two orders in the opposite direction at the first RSI signal.
You can download the template of the EA here. The parameters and the values of Ilan 1. There are several buttons in the upper right corner of the chart. Information on the grid parameters is displayed in the upper left corner: the current spread for the pair, the current step in the grid, volatility ATR for 10 days, and the last 24 hours, the number of open orders in both directions, etc. If the platform restarts, the existing orders do not close, the EA continues to work as it did until the platform was closed Internet break occurred.
To preserve your deposit, calculate the maximum allowable drawdown before you set the grid of orders. In the EA archive, you will find the Excel table one of the possible options , where you should specify:. This table will demonstrate to you the amount of the potential loss that can occur with a given position volume and the number of grid orders.
This is another modification in the Ilan family. I haven't noticed the principal differences from the Ilan 1. You can download the template of this modification here. It seems that the popularity of the previous Ilan modifications still excites its developers. How can you make money on what has been already promoted among traders? You take the previous modification, modify it a little, and present it as a new product. This modification, based on the 1. It also includes extra parameters, which, in my opinion, only complicated working with the EA.
Its optimization still turns into selecting the right parameters for the indicator to put the right entry. They are the Martingale coefficient and the step increment between orders. The template of this version is here. For the sake of the experiment, I launched the Ilan 1. I chose these two modifications as they seem the most interesting because of clear differences in the settings.
Ilan 1. So, study the settings, test the experts, and share your results in the comments! I wish you good luck!
Ilan Dynamic Pro is suitable for any kinds of trading accounts, in particular for ECN and NDD accounts. Besides, the adviser works both with 4 and 5 digits. Forex Expert Advisors Rating includes the Best Forex Robots for profitable automated trading 7, FX Classic Trader 52, Ilan Dynamic Pro. The advisor trades purchases and sales simultaneously from one chart, a number of useful functions for order maintenance added, like a variable.