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Content: Expert: Arin2 EA_Fix.ex4 (Unlocked-Unlimited), NO MANUAL.
A versatile and unconventional anti-martingale EA that fills an overlooked niche in the EA domain.
Advantages
- Set-and-forget, fully-automated
- Automatic Lot-sizing
- Generate profit regardless of market direction
- High-frequency increases volume and rebates
- Designed specifically for Flash Crashes, Black Swan events, price gaps, News Events
- Immune to slippage, latency, requotes, disconnections
- Any instrument (currency, metal), any time frame
- Flexible parameters for optimised performance:
- operate against the trend (traditional grid-martingale), or
- operate trend-following (anti-martingale);
- 24/5 operation, or
- time-restricted operation;
- close by: TakeProfit (pips), PercentProfit (balance), or StopLoss;
- operate multiple instances simultaneously: same currency, different currency, same settings, opposing settings;
- Incorporating 12+ years’ trading experience (2008), 6+ years’ research (2014), USD$3200+ development to date
Requirements
- Regulated True-ECN broker that allows hedging: http://bit.ly/2t8SCL2
- Know your broker’s limit on maximum concurrent open trades
- Modify parameters to suit your preference and trading conditions
- Backtest and Demo test first, before going Live
- Minimum $5000, suggest $10,000+
- Churning is frowned upon by most brokers:
- do not discuss the strategy with your broker
- do not ask your broker if they allow churning
- use settings that generate trading profits
Parameters
| Parameter | Default | Description / Explanation |
|---|---|---|
| MAIN SETTINGS | ||
| Use Percent of Balance (%) | true | Enable/disable AutoLot-calculation of initial Lotsize, based upon account balance |
| a) % for Initial Lot | 0.6 | Initial Lotsize, using AutoLot-calculation of account balance |
| b) % for Take Profit | 0.04 | Close all orders at this percentage gain of balance (0=disabled) |
| Use Time Filter | false | Enable/disable EA operation according to parameters [StartHour] and [EndHour] |
| a) Start Hour | 18 | If [TimeFilter]=[true], begin operations at this time |
| b) End Hour | 3 | If [TimeFilter]=[true], cease operations at this time |
| 1> IF Grid Reaches Level | 999 | Buy-grid or Sell-grid must reach this level to activate the StopLoss |
| 2> THEN Set StopLoss At Level | 999 | Set StopLoss at this grid-level |
| Reverse Trade Operations | true | Reverse normal operation: Buy = Sell, Sell = Buy |
| Slippage (Points) | 4 | EA will account for slippage to this amount |
| DD Reduction Algorithm | DD Off | DrawDown Reducer: use profit orders to close loss orders |
| Order DDR | 6 | Grid level to begin DDR Algorithm |
| % profit DDR | 1 | Profit % to close profit order vs loss order |
| BUY SETTINGS | ||
| Enable Buy Orders | true | Enable/disable Buy orders |
| Magic | 223232 | Set Magic number for Buy orders |
| Initial Lotsize | 0.01 | Initial Buy Lotsize, active if [Use Percent of Balance]=[false] |
| Lot Exponent | 1 | Buy martingale factor: <1 = reducing Lotsize; 1 = addition of Lotsize; >1 = multiplication of Lotsize |
| Take Profit (Pips) | 0.0 | TakeProfit for Buy orders, if [Reverse]=[false] and [ProfitPercent]=[0] (function disabled if 0) |
| Stop Loss (Pips) | 0.0 | StopLoss for Buy orders (function disabled if 0) |
| Grid Size (Pips) | 2.0 | Distance in pips between Buy orders |
| Maximum Buy Orders | 200 | Maximum allowed Buy orders |
| SELL SETTINGS | ||
| Enable Sell Orders | true | Enable/disable Sell orders |
| Magic | 8898975 | Set Magic number for Sell orders |
| Initial Lotsize | 0.01 | Initial Buy Lotsize, used if [Allow_Percentage_of_Balance]=[false] |
| Lot Exponent | 1.0 | Buy martingale factor: <1 = reducing Lotsize; 1 = addition of Lotsize; >1 = multiplication of Lotsize |
| Take Profit (Pips) | 0.0 | TakeProfit for Sell orders, if [Reverse]=[false] and [ProfitPercent]=[0] (function disabled if 0) |
| Stop Loss (Pips) | 0.0 | StopLoss for Sell orders (function disabled if 0) |
| Grid Size (Pips) | 2.0 | Distance in pips between Sell orders |
| Maximum Sell Orders | 200 | Maximum allowed Sell orders |
