Expert AdvisorShmendridge PAM Carrot

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

About the Shmendridge 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.
  • These bots can print a spe­cial csv log file for sta­tis­tic analy­ses of each observed criteria.
  • 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.

About the Shmendridge 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 is 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 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. This is required in tester mode as we need 250 week­ly bars to run prop­er­ly and MT5 will not load that many on start. You should set your “cus­tom peri­od” to be at least 250 weeks before the actu­al StartDate.
  • Lots”Percent of equi­ty to risk on each trade.
  • MAGIC_NUMBER”Unique 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.
  • SYMBOL1SYMBOL30”Enter each sym­bol to be includ­ed in the strategy.
  • 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.
  • Logs”Turns the csv logs on or off. They will be cre­at­ed here: “…\Users\…\AppData\Roaming\MetaQuotes\Terminal\Common\Files”
  • ALERTS”If true pops an alert on each new order placed.
  • Print­Order­Stats”Prints all vol­umes of open orders

Shmendridge PAM Carrot 

Relat­ed Posts
Expert Advisor MP Level
The MP Lev­el Expert Advi­sor trades on poten­tial­ly impor­tant lev­els which are formed as a result of the last sig­nif­i­cant move­ments of price. The main advan­tage of the Expert Advi­sor, along …
READ MORE
Expert Advi­sor MP Level 

Leave a Reply

 

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.