Fully automatic adviser, with a system for recovering from losses.
The strategy is based on the breakdown of significant levels, with automatic calculation of Stop Loss (200-400 points (5 digits)).
The EA has been tested from 2010 to the present day in various market conditions/periods .
(In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5)
Always use stop loss
Not used martingale / grid/ hedging, etc. (the recovery function uses a 1-time lot increase)
Complies with FIFO rules
For testing, you need a history of 1000 bars
The recommended pair is EURUSD. Timeframe M30.
Recommendations for Risk values :
Risk = 3-5 - Low risk;
Risk = 7-10-Average risk;
Risk = 15-25 - High risk;
Recommended-ECN / STP Broker with a minimum StopLoss level of 0-1 pips/spread of 0-5 pips (5 characters) /VPS server.
Trading leverage is 1: 100 or higher (you can use a smaller leverage but with a lower Risk value)
Parameters
Magic Number - transaction ID;
Show Info Panel - show information panel.
EA Comment - comment to trades.
Lot calculation mode (Auto/Fix) – lot calculation mode (Autolot/Fixed Lot);
Risk - lot size based on maximum risk per trade;
Fix Lot - fixed lot size;
Take Profit - take-profit;
AutoSL - automatic calculation of SL;
Stop Loss - stop-loss;
MaxSpread(0-OFF) – maximum spread control (0-Off);
Buy Pending shift - shift to place a buy order;
Sell Pending shift - shift to place a sell order;
Winter GMT Offset - server winter time zone;
Auto MinProfit(ON/Off) - automatic calculation of the minimum profit for a trailing stop;
Amount of profit (in points) for the trailing stop - number of points required to start a trailing stop;
Trailing stop value - the size of the trailing stop;
Step of the trailing stop - the step of the trailing stop;
Allow buy orders - allow buy orders;
Allow sell orders - allow sell orders;
Broker quotes shift (true / false) – Use quote shift (if the Bid price is different from the price on the chart);
Broker quotes shift (auto calculation) – Automatically calculate shift;
Broker quotes shift (enter a value) – The shift value;
Recovery mode – drawdown recovery function (on/off);
Multiple start recovery (trailing/breakeven) – coefficient for trailing/no loss for recovery function;
Multiple lot for recovery mode – lot calculation factor for recovery function;
Number of recovery trades - number of trades in recovery mode;
ActivateRecovery(ON/Off) - forced activation of recovery mode.
FIFO compatibility (On/Off) - clear compliance with FIFO rules
Split Pending Orders (use only if need (test before)) - Enable splitting a position into several orders (I didn't test it on a real account, you need to check it!) By default, the function is not needed, only if desired and necessary!;
Split to "X" orders - split position into " X " orders;
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