- October 3, 2019
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Advisor “Ilan Dynamic Pro”
Advisor for the MetaTrader 4 trading platform
This adviser was created on the basis of the adviser “Ilan 1.6 Dynamic”, which was widely used by a huge number of traders and thereby earned increased attention from professional developers releasing many of its modifications.There are many variations of this Expert Advisor, each has its own pros and cons, but all these modifications are combined by a common position averaging algorithm that is used to close a series of unidirectional orders by the general TakeProfit level.
I created my modification of this adviser, all code is written from scratch, the analytical block has been completely redesigned.Now the adviser is 100% consistent with its name, since in it almost all the parameters are dynamically changing, depending on the situation on the active chart.Dynamically changing parameters allow you to get a fairly stable work on different tools, even with default parameters, without prior optimization.At the same time, all important parameters are available for optimization and fine-tuning for a specific instrument and trading conditions.In the Ilan Dynamic Pro modification, I tried to realize my vision of an effective averaging algorithm, realizing the idea in the way that many years of experience in professional development for MT4 and my own vision of the Forex market suggested to me.
Depending on the signal, the adviser can open positions in two directions – buy and sell.If necessary, the adviser can be configured to work in only one of the directions.
The volume of the starting order is calculated automatically when the proportional calculation function is enabled.If the price moves against the position, an averaging order is automatically opened.The averaging algorithm can be flexibly adjusted; there are special input parameters for this.If necessary, the algorithm for proportional calculation of volume can be disabled in the input parameters of the adviser.In this case, the adviser will always start a series from the volume specified in the input parameters.