This Expert Advisor is my first product from the series of trading robots working on news. I have spent plenty of time and efforts, since each function has been developed from scratch. All the following robots have been developed using the first one as a template. The difference between them is the calculation system for performing trades.
Initially, I was developing a robot to show a steady monthly profit of 30%. I searched through a plethora of various strategies with no suitable result. After that, the idea of this trading robot has appeared eventually surpassing my expectations. The parameters have been selected manually to let the robot actually “feel” the market.
The Expert Advisor works during news releases
The EA trades ten symbols simultaneously
The main parameters are automated
Turbo mode provides high operation speed
No drawdown accumulation
Two-level deposit protection
The strategy works since 2008. It did not fit market conditions before that time.
SymbolsÂ — number of active pairs from 1 to 10 as a drop-down list:
One_pairÂ — one pair
Two_pairsÂ — two pairs
Three_pairsÂ — three pairs
Four_pairsÂ — four pairs
Five_pairsÂ — five pairs
Six_pairsÂ — six pairs
Seven_pairsÂ — seven pairs
Eight_pairsÂ — eight pairs
Nine_pairsÂ — nine pairs
Ten_pairsÂ — ten pairs
ToolsÂ — list of default symbols: GBPUSD/EURUSD/USDJPY/USDCHF/USDCAD/AUDUSD/EURJPY/EURGBP/EURCHF. The EA reads the list from left to right.
TotalÂ — number of characters in a symbol: suppose that EURUSDÂ hasÂ 6Â characters, while _EURUSDÂalready hasÂ 7Â characters andÂ GOLDÂ hasÂ 4Â characters, etc.
Note: It is strictly prohibited to enter symbols with different number of characters in the symbol list above. If the list contains an error beginning from its middle part, the trading is performed by the first valid symbols in the list till the error is reached. If the list contains an error at the very beginning, the EA trades the current symbol.
Distance — distance from the price for placing pending orders. It is also a basic parameter for calculating the indicator block. It defines the accuracy of market entry signals. Pay attention to this parameter during optimization
Magic — EA identifier
StopLoss — protective stop order level in points
RiskPercent — auto money management risk
SlippageÂ — maximum deviation from the requested price
TrailStartÂ — distance from an order, from which stop order trailing is enabled
UseTime — trading by time (server time is used)
BeginTime — trading start time
EndTime — trading end time
CloseTime — close orders upon expiration (recommended)
SpreadÂ — maximum available spread
Comments — display information on a chart
UseVirtStopLoss — use a virtual stop order
CloseAllÂ — close all orders and forbid trading
VPS is recommended. The applied strategy requires reliable server connection
Recommended currency pairs are set by default
Trading based on the “double bottom” pattern.
Delta â€ the distance between the peaks, with which the pattern is considered completed.
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