PiggyBack

The PiggyBack Expert Advisor is a fully automated trading system with an information and trading panel. It features a news filter and the EA operation time settings.

Operation Mode

• Manual_Mode - mode of manual operation using two trade panels. It allows manually managing the order groups opened by the EA or performing full-fledged manual trading. The open orders are managed by the recovery grids of the PiggyBack_SmartGrids mode.
• Standard_Strategy -  grid system. Trading begins with the opening of two orders in different directions. When closed, two orders in different directions are opened again, with one of them increased by the Multiplier coefficient.

Input parameters

• TypeOfWork - select the EA operation mode.
• Long_Trades - allow buy trades.
• Short_Trades - allow sell trades.
• New_Cycle - after closing, allow opening new orders.
• Pause_At_Drawdown - Stop the work when you reach a certain drawdown of the deposit, send notification, if allowed;
• Percent_Dd_For_Pause - The percentage of deposit drawdown for stopping work when using Pause_At_Drawdown.
• AutoLotsDeposit - The amount of deposit to which the Expert Advisor will use Lots for AutoLot, if this variable is 0, then the Autolot is off, if not equal to 0 - AutoLot will be used;
• Lots - volume of the first trade in the group of orders, in lots.
• Magic - magic number;
• Slippage - allowable slippage in points.
• Order_Comment - comments to orders.
• MaximumLotsValue - the maximum allowed volume of one order in lots.
• MaximumSpread - maximum spread for opening orders.
• MaximumOrdersInWork - the maximum allowed number of orders opened by the Expert Advisor.
• Step - step for the order grid in points.
• Multiplier_Type - multiplier type for order grids.
• Multiplier - lot multiplier in the Multiplier_lots mode.
• Add_Lots - lot increase in the Add_to_lots mode.
• Step_Close - the minimum distance from an order to close it.
• Step_Multiplier is a multiplier for Step_Close, which is incremented by Step_Multiplier multiples of the number of orders in the group.
• TakeProfit_Type - type of take profit or trailing.
• TrailingStart_money - start of the trailing in the deposit currency.
• TakeProfit_money - take profit value in money.
• Overlap_LH - allow using additional trailing in money for the uppermost and lowermost orders of the group (separately for Buy and for Sell).
• Overlap_after - the minimum number of orders in the group for Overlap_LH.
• StopLoss_Type - type of stop loss.
• StopLoss_money - stop loss value in money.
• StopOutValue - stop out value in money.
• SendNotification - Enable sending push notifications about the closing of orders.
• SendMessage - Enable email sending to close orders.
• Sendalert - Enable the sending of alert orders.
• UseTimeOuts - prohibit opening deals at certain hours.
• Start1 - the beginning of the first time interval for opening new deals.
• Stop1 - the end of the first time interval for opening new deals.
• Start2 - the beginning of the second time interval for opening new deals.
• Stop2 - the end of the second time interval for opening new deals.
• UseNewsFilter - enable the news filter.
• SourceNews - select the news source.
• Your Time Zone, GMT (for news) - time zone(GMT).

Attention! For working with the news filter, it is necessary to add following links to trusted URLs: http://www.dailyfx.com/ and http://ec.forexprostools.com/

More information on the configuration of the Expert Advisor and its operation modes can be found here.

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