Best setfile for Algotrade Innovative EA v9

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AlgoTradeSoft Innovative EA

The technique is predicated on the breakdown of crucial assist and resistance ranges. The EA makes use of the adaptive commerce administration algorithm.

It was backtested and optimized utilizing actual ticks with 99,9% high quality. The Professional Advisor has efficiently handed the stress check with slippage and fee approximate to the actual market situations.

The EA incorporates the algorithm of statistics assortment and slippage management with full statistics output on the knowledge panel, so you possibly can management the standard of the dealer execution.

Actual account monitoring

https://www.mql5.com/en/indicators/145833.

Working forex pair/timeframe: EURUSD M30.

Parameters

  • Magic — trades ID;
  • EA remark — a remark to trades.

Danger Settings

  • Lot sort — cash administration sort:
    • Mounted Lot — mounted lot;
    • Danger per commerce — lot based mostly on the StopLoss worth:
      • 0.5% - conservative;
      • 1.0% - customary (really useful);
      • 1.5% - aggressive (leverage not lower than 1:200);
      • 2+% - tremendous aggressive (leverage not much less than1:200).
  • Margin % use — lot based mostly on margin worth;
  • Mounted lot dimension;
  • Danger % — the % of danger to calculate the lot for Danger per commerce and Margin % use;
  • Max lot — most lot dimension (0 - off);
  • Private stability % — EA's correct stability, % of the overall account stability (0 - disabled). For proper operation, the entire trades together with the primary account deposit have to be obtainable within the historical past. It's utilized in portfolio buying and selling utilizing a number of Professional Advisors;
  • Preliminary StopLoss — preliminary StopLoss;
  • TakeProfit — TakeProfit;
  • BreakEven After — revenue worth to maneuver StopLoss to BreakEven To;
  • BreakEven To — revenue protected by breakeven.

Trailing Cease

  • Trailing cease — trailing cease worth:
    • -1 — off;
    • 0 — TrailingStop= StopLoss;
    • >0 — гse the required worth;
  • Trailing step — trailing step;
  • Danger safety on slippages — danger safety in case of slippage;
  • Adapt Trailing to slippages — trailing adjustment algorithm throughout slippage;
  • Trailing Mode — trailing cease mode:
    • Adaptive by Time - time adaptive (really useful);
    • Adaptive by Volatility - volatility adaptive;
    • Adaptive by Quantity — quantity adaptive.
  • Time Scale — time interval for value evaluation (used for Adaptive by Time);
  • Volatility Scale — volatility vary for value evaluation (used for Adaptive by Volatility);
  • Quantity Scale — tailored volatility vary for quantity evaluation (used for Adaptive by Quantity);
  • Change correction coefficient — trailing sensitivity issue.

Operation hours (GMT)

  • EveryDay Begin Hour;
  • EveryDay Begin Minute;
  • EveryDay Finish Hour;
  • EveryDay Finish Minute.
  • FridayStopTime — HH:MM. Depart it clean to disable;
  • GMT mode — GMT offset of the dealer server time;
    • Auto GMT (not for tester!) — automated GMT adjustment (really useful);
    • Guide GMT — guide GMT correction, used for backtests.
  • Max common unfold — 0 - off;
  • Quick BackTest — sooner testing with a hard and fast unfold, invalid for actual buying and selling;
  • Dealer quotes shift — shift of dealer's quotes (not utilized by most of brokers).

Suggestions

  1. Earlier than utilizing on a dwell account, check the EA with minimal danger;
  2. Use VPS or internet hosting server with minimal community latency to the dealer's server;
  3. For finest outcomes, use the leverage of 1:100 and extra;
  4. When utilizing the EA with FIFO supporting brokers, don't run multiple EA on one account;
  5. Low spreads = low fee + top quality execution are necessary when selecting a dealer to commerce.

Best setfile for Algotrade Innovative EA v9 1

Best setfile for Algotrade Innovative EA v9 2

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.