Procyon

Advantages

• Few parameters for more efficiency (with .set files for each pair)
• Hard Stop loss and Spread filter for every trade
• Optimized lot size managed by account Balance and Risk
• No Grid, No Hedge, No Martingale, and No Averaging of losing positions
• Effective even on low leverage accounts (1:30 or higher)
• Low Drawdown to start with a small capital ($200 min or higher)

Parameters

• Allow Trading : Stop all activities of Expert if false (do not use this option if orders with same Magic Number are opened)
• Allow SELL orders : Enable/disable Sell orders (do not use this option if Sell orders with same Magic Number are opened)
• Allow BUY orders : Enable/disable Buy orders (do not use this option if Buy orders with same Magic Number are opened)
• Stop Loss : Hard Stop loss distance in points
• TrailingStart : Distance in points of trailing beginning
• TrailingSize : Size in points of trailing
• Magic Number : Number to distinguish orders from others EA
• ValueForceATR : Value to determine the signal force volatility. The higher the value, the fewer the trades. It is a variable of important adjustment according to the traded pair
• Max Spread : Maximum spread allowed to open a trade
• Max Slippage : It will be your max slippage to open a trade

• Fixed lot : Size of lot if AutoLot if Automatic LotSize is disable
• Automatic LotSize : Enable/disable automatic lot calculation based on account free margin, stoploss size and risk percentage
• Risk on eatch order : Percentage of account balance for Automatic LotSize calculation (0.03 for 3% for exemple)
• Max Lot Size : Max Lot size to use if Automatic LotSize is enable

General Recommendations

This Expert Advisor requires ECN account with low spread and good execution.
A VPS is required, located in the same location of your broker's server.
Be careful, this expert is sensitive to latency and slippage to provide optimized performance, i recommend great caution in starting to test it on a demo account for at least few months before using it on a real account.

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