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PIRATE ONE v1.6

$500.00 $14.00

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Description

INSTANT DOWNLOAD!

Original website:  https://www.mql5.com/en/market/product/33037

Original Price: $500.00

Your price: $14.00    97% OFF Retail!

Content: Expert: Pirate One 1.6_fix.ex4 (Unlocked), NO MANUAL.

 

Pirate One

The expert Advisor trades during a small market volatility, after the end of the us session, tracking the price levels on several indicators.

After that, it opens positions and monitors them until they are closed with a profit or, if possible, with a small loss.

Does not use martingale strategy, averaging positions, waiting for loss, etc.

Positions can be opened with fixed TakeProfit and virtual.

It is possible to use a dynamic lot to increase the volume of positions with successful trading.

The size of Risk, TakeProfit and Stoploss, only for average testing, for each currency pair to select separately!
TRADING PAIR:
Recommend currency pairs: EURCHF, EURGBP, GBPUSD.
Possible currency pairs for testing: CHFJPY, EURAUD, USDCAD.
I do not recommend to bet on all pairs at once!, especially if they are correlated with each other.
It is better to put first on one tested and optimized pair with a small risk, or a fixed lot, to get acquainted with the trading process.

Once the trading results are satisfactory, you can add risk and pairs.

TRADING PERIOD:

М15

ACCOUNTS:

ECN accounts with five-digit quotes of moderate size (spread) should be used.

I use ECN and Pro.ECN https://alpari.com/en/trading/trading_terms/?partner_id=1220575&sub_id=ib_mql001

For the terminal MT5 has a similar expert: https://www.mql5.com/en/market/product/32369

Characteristic

  • USING – Select whether to trade risk or fixed lot
    • RISK – Use risk, % of available funds
    • LOT – Use fixed lot
  • RISK/LOT – risk or fixed lot Size
  • WHAT_TP_TO_USE – the Choice of which to use TakeProfit
    • VIRTUAL – Virtual
    • REAL – Real
  • TAKE_PROFIT – Set profit
  • STOP_LOSS – Set loss
  • LOSING_TRADE – Losing trades, after which the trade stops (0-do not use)
  • MAX_SPREAD_OPEN – Maximum possible (spread) to open positions
  • MAGIC_NUMBER – Magic number of the positions
  • SLIPPAGE – Slippage rates
  • CLOSING_TIME_OF_THE_IDLE – Closing positions by idle time *
  • FILTER_SWAP – Filter (swap**
    • DISABLED – Disabled
    • TRIPLE – Triple
    • FULL – Permanent
  • DEALS_ON_THE_BAR – is to Trade multiple times on the bar
  • TIME_PERIOD_BAR – bar Period
  • USE_A_SOUND – Sound notification
  • START_TRADING – Hour to start trading expert
  • STOP_TRADING – End of expert Advisor trading Hour

If true and the position is not closed by TP for a long time, the expert Advisor decides how to close it. If false, positions are closed only by TP and SL.

** Triple – a with Wednesday to Thursday did not open the position at which the negative (swap).

Permanent – do not open position if it is negative (swap).

Applies only if the trading start time is set before 00: 00

Work Best On EURCHF, EURGBP, GBPUSD.Work best on M15 Time Frames
  • Possible currency pairs for testing: CHFJPY, EURAUD, USDCAD.
  • I do not recommend a bet on all pairs at once! especially if they are correlated with each other. It is better to put first on one tested and optimized pair with a small risk, or a fixed lot, to get acquainted with the trading process. Once the trading results are satisfactory, you can add risk and pairs.