Hi Forex Wiki Friends,

Today We share a New Trading Robot :

 EA MT5 : 

Actually under development.
An individual order was made to cross robot algorithms: Decepticon, Antares, Sauron. - but the order was not redeemed, according to the similarity of algorithms, this robot was moved to this branch, to general access.
This robot is several times superior in terms of trade safety.
You can trade both aggressively and as conservatively as possible purely by the trend, due to powerful trend filters.

-The main logic of trade is the consolidation of price channels since This is the most stable trading system.
-The tracking system was taken from the antares, that is, there is no standard pipstep, there is a pause time between signals in minutes, therefore, through this interval, the robot can open several transactions
-Trade both for breakdown of zones and for rebound.
- The filters are taken from the most popular exchange development Sauron, in which a trend calculation is set, for bars - when the closing price of the last bar is higher or lower than the year before last ... determining the trend by the pattern of the last three bars. - Other standard parameters of the robot. I drove it in the tester, the robot has passed the last 2 years without any problems, with an acceptable income and low drawdown. Time to appear, I will add an indication of filters to the panel, so that it would be clear what and where is going on in the market now.

Step # 2
- Processing of the signal counter itself, a more advanced method will be implemented
- Trading selection, on breakout (in this mode there will be a choice to trade stop orders or limit ones) when the signal is at an extremum, corresponding orders will be placed above and below the price
- Trading selection on breakdown (in this mode we trade extreme breakdown) when a signal is set up a stop + limit order
for example, with a signal at the upper extremum, a stop order will be above it, below a limit order.
- The trade sampling logic will be for strategies
Consolidation
By signals of extrema
- Signals of extrema can be determined by 2 methods
1st - By the selected number of bars, where the robot finds the maximum HIGH and minimum LOW and draws a channel from them.
2nd - According to the iFractals indicator which is in the MT4 terminal, in this mode the robot will build a channel using the nearest fractals found on the selected TF.
- Experimentally, on testing, the method of indentation of deposits by% of the width of the found extreme channel or consolidation will be tested.
- Check the trailing stop point by point.
- Check in the work the transfer of series of orders to breakeven.
- Check in support for pending orders with their pull-up for the price - trawl pending. (good and recommended method)
- Correct the indication
- Other improvements.

 SETTINGS:

 Free Download :

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