Flying Dutchman EA

The advisor determines the flat and sets the order opening levels. It is built on a template using an advanced grid algorithm and a function of protection from increased volatility during the news release. Applies invisible for the broker dynamic levels of setting new orders, stop-loss, take-profit and trailing stop.

If you set MagicNumber = 0, then the expert can be used in semi-automatic trading. You can open the position manually, and provide support for the position to the expert.

Recommendations

1. before using on real money, test the adviser with the minimum risk on the cent trading account;
2. Use VPS or the server with minimal network delays to the server of the broker;
3. low spreads + low commission + quality execution - this is the main thing when choosing a broker for trading;
4. use the adviser on highly liquid currency pairs, such as EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD;
5. parameters for each account type are recommended to be selected separately;
6. the minimum deposit is 500 units of the base currency for 0.01 lots;
7. timeframe M30-H1.

Main settings

• MaxPriceRange - the maximum range of price fluctuations from High to Low;
• CountBarsRange - the number of bars for determining the flat;
• DistanceOOP - distance from High and Low for setting order opening levels;
• ReversalPos - reversal of positions. if = true, then sell will open instead of buy, and vice versa;
• StartingLot - starting lot;
• LotsFor1000 - starting trading lot for 1000 units of base currency, if StartingLot = 0;
• MultiDirection - the method of trading: to trade simultaneously in one or two directions;
• OrderGridStep , OrderGridStop - a step for averaging positions;
• LotMultiplier - increasing the lot by a given ratio;
• StartMultiplier - from which position to increase the lot;
• MaxLotFor1000 - the maximum lot for 1000 units of the base currency;
• MultiLevels - set take-profit / stop-loss: separately for short and long positions or for the entire basket of orders;
• StopLoss , TakeProfit - stop loss and take profit, with 0 not used;
• MultiTrailing - the method of operation of the trailing stop: separately for short and long positions or for the entire basket of orders;
• TrailingStop , TrailingStep - trailing stop and trailing-step;
• MagicNumber - magic number, at 0 it will interact with positions opened manually or by another adviser;
• TradeComment - comment to the transactions.

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