Expert Advisor Shmendridge PAM Carrot for MT4

Buy Shmendridge PAM Carrot for MT4 Expert Advisor in the store selling algo trading systems

About the PAM (Price Action Master) EA Series

  • These mul­ti-sym­bol mul­ti-time-frame bots enter on high prob­a­bil­i­ty engulf­ing bar and shoot­ing star/hammer/pin bar pat­terns with a stop order. (Delays won’t mat­ter, slip­page and spread not a big deal on larg­er time-frames.)
  • They may con­sid­er up to 4 sec­ondary time-frames in their analy­ses and score of space, trend, qual­i­ty of bar, qual­i­ty of impor­tant loca­tions, big round num­bers and qual­i­ty of pull­backs.
  • The bots are based on many of the trad­ing prin­ci­pals of the James16 chart thread. *Nei­ther I, nor my EA are affil­i­at­ed in any way to the Jame16 group.
  • Non scalper. Uses only com­plet­ed bars in its cal­cu­la­tions.
  • Rec­om­mend­ed to use all PAM bots simul­ta­ne­ous­ly: TREND4, CARROT[free], TURNIP and BLUEBERRY plus more to come.

About the PAM Carrot

  • This PAM bot has been trained to focus on entries on the D1 time frame chart like­ly to give a big­ger move. W1 are also exam­ined and includ­ed in the con­sid­er­a­tions with a lot of weight on trend.
  • This EA uses an advanced trail­ing stop which includes big round num­bers and recent bar lows and highs in it’s cal­cu­la­tions.
  • Pre-opti­mized for wide range of mar­kets. Ready to go.

Settings

  • Start­Date — Date to begin trad­ing. Will only pre-load bars in fast mode up till this point. We need at least 250 week­ly bars to run prop­er­ly.
  • Lots - Per­cent of equi­ty to risk on each trade.
  • MAGIC_NUMBERUnique ID.
  • Slip­page — Max­i­mum slip­page.
  • EXPOSURECHECK — If true will not open cor­re­lat­ed trades.
  • Check­Mar­gin — If false it will bypass the free mar­gin check. Turn it off to save CPU dur­ing tests.
  • Thresh — How high the poten­tial trade must score to trig­ger an entry.
  • SYMBOLS — The total num­ber of dif­fer­ent sym­bols to be includ­ed in the strat­e­gy. (Live Only. Only 1 sym­bol can be run in Tester on the MT4 ver­sion.)
  • SYMBOL1SYMBOL30 — Enter each sym­bol to be includ­ed in the strat­e­gy. (Live only. Only 1 sym­bol can be run in Tester on the MT4 ver­sion.)
  • riskadj1…riskadj30 — Enter each risk mul­ti­pli­er for each sym­bol in case you want to risk more or less than the spec­i­fied Lots for some sym­bols. This is a mul­ti­pli­er so 1 is nor­mal risk. 0.5 is half risk. 2 is 2x risk.
  • ALERTS — If true pops an alert on each new order placed.
  • Print­Order­Stats — Prints order sta­tus on each new bar.

Shmendridge PAM Carrot for MT4 

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