A professional grid advisor works according to RSI ( Relative Strength Index ) indicators.   and has the function of reducing the drawdown on the account by overlapping unprofitable orders.   The chart displays information about the profit.

Broker Requirement :

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OPTIONS:

• RSI_PERIOD – period for calculating the relative strength index;
• UP_LEVEL – upper bound;
• DN_LEVEL – lower bound;
• RSI_TIMEFRAME – timeframe for calculation;
• START_LOT – initial lot;
• LOT_MULTIPLIER – lot multiplier in the order grid;
• MAX_LOT – maximum lot;
• STEP_ORDERS – order grid step;
• STEP_MULTIPLIER – order step multiplication factor, if = -1 then it is not used;
• MAX_STEP – maximum order grid step;
• OVERLAP_ORDERS – from which order to enable the order overlap function;
• OVERLAP_PIPS – minimum profit in pips for closing unprofitable orders;
• STOPLOSS, TAKEPROFIT – stop loss and take profit in pips, if = -1 is not used;
• BREAKEVEN_STOP, BREAKEVEN_STEP – level and step of breakeven, if = -1 is not used;
• TRAILING_STOP, TRAILING_STEP – trailing stop level and step, if = -1 is not used;
• MAGIC_NUMBER, ORDERS_COMMENT – magic order number and comment;
• START_TIME, END_TIME – time at which it is allowed to open orders. if = “00:00”, then not used;

Hamster Fx EA Settings:

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