Expert Advisor FU BarModel

Test monitoring:

www.myfxbook.com/strategies/fu-barmodel/177822

Features / Requirements:

System Type: Grid
Timeframe: M5
Minimum balance: 5000
Number of characters: 5 (0.xxxxxx)
Currency pair: EURUSD
Expected Profit / Loss Ratio: 4/1

Installation:

There are no special requirements or comments. It is installed as a regular adviser for a pair of EURUSD M5 timeframes.

Description of the algorithm:

EA is looking for an entry point based on an analysis of the bars. If the specified model matches, it opens the initial buy or sell orders.
If the initial orders do not bring profit, EA opens additional orders in the same direction in the form of a grid.
Exit in case of an opposite signal and if the loss or profit is not less than MaxLossProcent in a negative value.

Description of parameters:

LotProcent ………………………………………………….Lot in% of balance
MaxLossProcent …………………………………………………..Maximum allowable loss
Step ……………………………………………..Minimum step
GoLot ……………………………………………….Lot increase rate
Filtr …………………………………………………..Signal filter. The higher the value, the more accurate the signals.
NewSignal ……………………………………………..Enable new orders only with a new signal?
Magic ……………………………………………..Order marker

For open source .mq4, contact:

 Phone: +380963149190
 E-Mail: forexforua@gmail.com 
 Skype: FOREXforUA
 Telegram: @forexforua

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