There are many similar advisors on the Internet:

  • Trio dancer
  • Wall Street Bot (WSB)
  • WSB Bot
  • BTCash
  • Alfa trend bot
  • Profit FX
  • Pride FX
  • STB Smart Traiding Bot

All of them were made from the same adviser, but for some reason, not one wondered who the real author of the original adviser is?
I decided
to release a version for MT5 and MT4 and thereby put the final point on this issue.
– MT5 – MT4

Removed all
unnecessary in my opinion functions that have shown themselves to be bad and not effective over a period of more than 5 years.

Most of the set-files of settings from the above advisers are suitable for this advisor.

  • Trading Mode – the mode of choosing the direction of trading or the complete shutdown of the adviser.
  • Max orders count – limit the maximum number of positions for all strategies.
  • MM – automatic lot calculation
  • Divider – divisor in the calculation formula of the lot: 0.00001 * Account_Balance / Divider
  • Lots – initial lot if MM = false
  • Lot exponent – multiplier of the subsequent lot when averaging
  • Max Lot – limitation of the maximum lot; when the lot is reached or exceeded, the next lot will be set
  • Continue trading – allows you to trade all 3 strategies, if disabled, the so-called ‘Drying’ mode will turn on. In this
    mode, the adviser will work to close all strategies in profit and wait for a command from the user.
  • Use TF by Max Orders – when the limit on the number of orders is reached, all strategies switch to trading mode on the
    specified time frame.
  • Max Orders – the number of orders, upon reaching which the adviser switches the timeframe for signals.
  • Trend Start – the number of the knee from which the order begins to open in the opposite direction, counting on taking
    additional profit if the price moves against the trend.
  • Trend Exponent – lot multiplier from the one opened during averaging when the Trend Start function is enabled.
  • Drowdown – drawdown level in% at which the EA stops opening the first orders for strategies, but brings open ones to a
    positive result.
  • Use open average by ticks – turns on the mode of opening averaging orders by ticks or waits for the
    bar to finish and analyzes the passed negative Pip Step distance.
  • Take profit – take profit in standard points for closing a group of orders.
  • Use close by profit – turns on the mode of closing all positions by the total profit in money.
  • Minimal count orders – at what minimum quantity this mode is activated.
  • Profit in value – profit in currency at which all positions will be closed.
  • Use equity stop – enable closing control by drawdown level in%
  • Total equity risk – drawdown level in% of the balance.
  • Use open Monday – turns on the monitoring of the opening on Monday from the specified time.
  • Hour – the hour from which trading on Monday starts.
  • Use close Friday – forced closing of all positions on Friday by time.
  • Hour – the hour at which all positions are forcibly closed and the adviser goes into Monday standby mode.

The following settings are the same for all 3 strategies:

  • Continue trading – includes a strategy. When the strategy is turned off and there are positions, the ‘Drying’ mode is
    activated, which was described earlier.
  • TF – timeframe for the signal to open the first strategy order
  • Max Orders – the maximum number of averaging orders in the strategy
  • Use trailing stop – the trailing stop mode for a group of strategy orders, can significantly increase the advisor’s
    survival in difficult situations.
  • Trailing start – level of inclusion of a trailing stop from the breakeven point of the strategy
  • Trailing stopstop level in points
  • Pip step – the minimum step between positions during averaging.
  • Pip step multiplier – averaging step multiplier
  • Magic – identifier of strategy orders. Magic + 1 reserved for Trend Strategy Orders

Source link

Register at Binance