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Content: Expert: EA Gladiator.ex4 (Unlocked-Unlimited), Document: Pai & Time frame.
This long-term Expert Advisor (EA) uses two distinct trading strategies:
The first strategy focuses on identifying strong price movements. Once a strong trend is detected, the EA will open multiple trades in the direction of the trend. These trades will either hit the take profit or stop loss, or the EA will close the group of trades once a certain profit target is reached. It uses a smart filter to capture profit gradually. If the trend reverses, it will stop opening additional trades.
The second strategy is designed to track trend reversals. Similar to the first, this strategy will open multiple trades if the reversal is strong enough.
Key Advantages
This is a long-term EA that executes many trades, but it doesn’t trade every day. Trades are only opened when significant price movements are detected.
The EA is minimally affected by spread or slippage, making it reliable under various market conditions and suitable for almost any trade account type.
Multiple algorithms are used to manage trade closures.
Requirements and Recommendations
VPS (Virtual Private Server) is recommended.
5-digit quotes.
Due to the potential for many trades, it’s advisable to use an account with high leverage (1:500 or higher). Alternatively, a larger account balance or a cent account can be used.
Recommended for EURUSD on the M15 timeframe.
Parameters
Magic — Identifies trades.
Order Comment — Comment for the order.
Slippage — Maximum allowable slippage before an order triggers.
Max Spread — Maximum spread allowed.
Order Type — Select trade direction.
Fixed_Lot — Fixed lot size (if Use_Risk_MM is set to false).
Use_Risk_MM — If true, the lot size increases as the account balance grows (Risk Management).
Percentage_Risk — Lot size increase based on balance value (Risk Management in %).
strategy by trend — If true, uses the trend-following strategy.
strategy reversal trend — If true, uses the trend reversal strategy.
max orders by trend — Maximum orders for the trend-following strategy.
max orders by reversal trend — Maximum orders for the trend reversal strategy.
Take_Profit — Take profit in points.
Stop_Loss — Stop loss in points.
by bars Trailing_Stop — If true, activates trailing stop after a set number of bars.
max bars for start Trailing Stop — Number of bars before trailing stop activates.
Trailing_Stop — Trailing stop points when the position is in profit.
Trailing_Step — Trailing step when the position is in profit.
Show_Info_Panel — If true, shows the information panel; if false, disables the panel for faster strategy testing.
Trading Schedule
Monday — If true, allows trading on Monday.
Tuesday — If true, allows trading on Tuesday.
Wednesday — If true, allows trading on Wednesday.
Thursday — If true, allows trading on Thursday.
Friday — If true, allows trading on Friday.
Trading by Time
Use Time — If true, trading occurs during a specific time window.
Time_Setting — Use server or computer time.
GMT_mode — Broker server time GMT offset (0 if not used).
Every_Day_Start — Trading start time (hh:mm).
Every_Day_End — Trading end time (hh:mm).
Friday Time Disable
Use Time — If true, disables trading after a certain time on Friday.
Time_Setting — Use server or computer time.
GMT_mode — Broker server time GMT offset (0 if not used).
Disable_in_Friday — Time to disable trading on Friday (hh:mm).