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Expert: Virtuoso (Source Code).mq4 (Unlocked – Source Code), Document: Virtuoso v1.0.txt.
Expert Advisor: Symbiosis of Trading Algorithms
This Expert Advisor (EA) is a sophisticated trading system designed for trading major currency pairs, providing both performance and protection. It integrates various trading algorithms to manage orders effectively, ensures continued operation after connection failures, and includes features that optimize trading efficiency. This EA is built to protect open orders, manage position sizes, and operate smoothly under different market conditions, regardless of deposit size.
Key Features:
Connection Recovery
If there’s a disruption in connection, the EA will resume its operations once the connection is restored, ensuring continuous trading without interruptions.Order Protection and Management
The EA automatically manages open orders with protection mechanisms, including StopLoss, TakeProfit, and trailing stops, to optimize profitability while minimizing risks.Volume and Position Control
It controls the trading volume, slippage, and spread size, providing a more stable trading environment. It can handle various trading conditions and account sizes effectively.Trading Time Management
The system can be customized to only trade during specified time frames, optimizing trading decisions according to market behavior.Scalability
The EA can work with any deposit size, making it suitable for both small and large accounts.
EA Settings (Options):
Use_LOGO: Enable or disable the logo on the chart for branding or identification purposes.
Signal: Defines the first signal to enter the market.
Signal_Period: The period for the first signal to enter the market, determining the time frame for analysis.
Signal_2: Defines the second signal to enter the market.
Signal_2_Period: The period for the second signal to enter the market.
TakeProfit: Fixed profit level at which the EA will automatically close a profitable trade.
StopLoss: Fixed loss level at which the EA will automatically close a losing trade to limit losses.
TrailingStart: The starting point for activating the trailing stop feature, which locks in profits as the market moves in your favor.
TrailingStop: The distance at which the trailing stop will be adjusted, locking in profits as the trade moves in your favor.
FixedLot: The size of the trading lot used when Money Management (MM) is turned off, providing manual control over trade sizes.
Use_AutoMM: Enable automatic calculation of tradable lots based on the account size.
AutoMM: Defines the percentage of the account equity to be used in the AutoMM calculation for lot size.
Max_Spread: Defines the maximum allowable spread size that the EA will tolerate when entering a trade. Prevents trading during high spread conditions.
Slippage: Defines the maximum slippage allowed in points, ensuring that the EA only executes orders within a reasonable slippage range.
Magic: The unique identifier (ID) used for collaboration with other expert advisors, ensuring trades are recognized correctly.
Open_Comment: Allows users to add a comment to trades, providing a reference for specific trades or strategies.
How It Works:
Signal-Based Entry: The EA uses signals for market entry. The signals can be defined based on time periods, allowing it to trigger trades according to predefined market conditions.
Risk Management: The fixed StopLoss and TakeProfit levels safeguard your trades. Trailing stops dynamically protect profits as the market moves in your favor.
Money Management: With the AutoMM feature, the EA automatically adjusts the lot size based on your account equity, reducing risks and ensuring that trades are proportionate to your available capital.
Customization: Every trader can adjust the settings based on their trading preferences, such as trading time frames, maximum spread tolerance, and slippage settings, giving them control over the robot’s performance.
Benefits:
Automatic Trade Management: Minimizes manual intervention by automating trade entries, exits, and risk management features.
Protection Against Failures: The EA’s ability to recover from connection losses ensures uninterrupted trading, even in unstable conditions.
Scalable and Flexible: Suitable for traders with varying account sizes, from small to large deposits.
Customizable Settings: Adapt the EA’s performance to specific trading preferences, whether you’re using fixed lots or auto money management.
This Expert Advisor offers a reliable, automated approach to trading, combining flexibility, advanced risk management, and continuous operation, even during internet or connection disruptions. It’s a great tool for both beginner and experienced traders looking for a hands-off trading experience while keeping control over critical aspects like risk and position sizing.