FX Dynamic EA – Advisor Trading Robot

Advisor for MetaTrader 4

This adviser was created on the basis of the adviser "Ilan 1.6 Dynamic" with full preservation of the idea and all input parameters.Advisor "Ilan 1.6 Dynamic" - the progenitor of all Ilans and the most recognizable forex adviser according to the Martingale method.The number of titles assigned to this development is not countable.In fact, the EA uses the simplest trading strategy based on two standard technical indicators - RSI (Relative Strength Index) and CCI (Commodity Channel Index).The first is used to select the direction when opening positions, the second - for the function of limiting losses.The peculiarity of this adviser is the use of a dynamically changing range, depending on market volatility.

The basic algorithm has been completely redesigned, the virtualization function has been added - the series begins with the opening of virtual positions and after reaching the specified step, real trading begins.

How it works

Conditions for opening positions
• Sell if the closing price two bars ago was higher than the closing price on the previous bar and the RSI is higher than the value of the “RsiMinimum” parameter (oversold zone).
• We buy if the closing price two bars ago was lower than the closing price on the previous bar and the RSI is lower than the value of the parameter "RsiMaximum" (overbought zone).

In the event that the price does not go in our direction, the adviser opens additional positions (topping up) and awaits the correction.An increase in the volume of subsequent positions makes it possible to bring the breakeven level (average price of all positions) as close as possible to the current price, as a result of which, even a small correction can close the entire loss-making series of positions in profit.This scheme, with proper optimization of the input parameters, has practically no flaws.

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