Psychologist

The EA trades from psychologically crucial levels. I.e. when the price approaches round levels, it often bounces off or vice versa pierces and then rolls back from this points continuing the trend. The EA places pending orders to work on rollbacks and then on the trend continuation. It works best on trending pairs with long-term trends without rollbacks. For example, USDJPY, EURJPY etc.

Parameters

• level_size=100 - distance between psychological levels
• level_shift=20 - minimum distance from the level to place orders
• lot=0.1 - lot
• MM=2 - money management as % (if 0, lot is used)
• stop_orders=true - enable BUY/SELL STOP
• stop_shift=10 - indent from the level
• stop_take_profit=35 - take profit
• stop_stop_loss=25 - stop loss
• limit_orders=true - enable BUY/SELL LIMIT
• limit_shift=13 - indent from the level
• limit_take_profit=30 - take profit
• limit_stop_loss=20 - stop loss
• trall_step=15 - trailing stop (disabled if set to 0)
• trall_start=15 - profit level to set trailing
• grid=true - grid
• multiplier=2 - lot multiplier
• step=10 - step between orders
• max_orders=3 - maximum number of orders
• grid_trall=true - use grid trailing
• ma_filter=false - enable determining a trend by MA
• ma_time_frame=PERIOD_CURRENT - timeframe
• ma_1_period=21 - fast МА period
• ma_2_period=83 - slow МА period
• ma_price=PRICE_CLOSE - МА price
• ma_method=MODE_EMA - МА method

Other parameters

• magic=9238 - magic number
• CommentSize=7 - number of log strings at the upper left corner of the window (0 - disable this function)
• draw_levels=true - enable drawing levels
• levels_width=1 - width
• levels_style=STYLE_DASHDOTDOT - style
• levels_color=clrAqua - color

When you work with grids you can use common grid trailing. At that stop loss of all orders of one type moves simultaneously, and beginning of trailing is calculated from an average price of these orders. To do this, activate grid_trall and set trall_step and trall_shift.

Tested using Tickstory. 99.9% modeling quality.

Write a comment if you know how to make the EA more profitable.