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
• Eas­i­ly opti­mized

The strat­e­gy works since 2008. It did not fit mar­ket con­di­tions before that time.

Parameters

• Sym­bols — num­ber of active pairs from 1 to 10 as a drop-down list:
  • One_pair — one pair
  • Two_pairs — two pairs
  • Three_pairs — three pairs
  • Four_pairs — four pairs
  • Five_pairs — five pairs
  • Six_pairs — six pairs
  • Seven_pairs — sev­en pairs
  • Eight_pairs — eight pairs
  • Nine_pairs — nine pairs
  • Ten_pairs — ten pairs
• Tools — list of default sym­bols: GBPUSD/EURUSD/USDJPY/USDCHF/USDCAD/AUDUSD/EURJPY/EURGBP/EURCHF. The EA reads the list from left to right.
• Total — num­ber of char­ac­ters in a sym­bol: sup­pose that EURUSD has 6 char­ac­ters, while _EURUSD already has 7 char­ac­ters and GOLD has 4 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
• Slip­page — max­i­mum devi­a­tion from the request­ed price
• Trail­Start — 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)
• Spread — max­i­mum avail­able spread
• Com­ments — dis­play infor­ma­tion on a chart
• Use­Virt­Sto­pLoss — use a vir­tu­al stop order
• CloseAll — close all orders and for­bid trad­ing

Recommendations

• VPS is rec­om­mend­ed. The applied strat­e­gy requires reli­able serv­er con­nec­tion
• Rec­om­mend­ed cur­ren­cy pairs are set by default
• Rec­om­mend­ed time­frame is H1