FlexibleFX

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Uploaded: 16.03.2016
Content: FlexibleFX.mq4 (21,77 kB)

Description

Flexible FX - safe trading robot for MetaTrader 4 works in fully automatic mode, the VPS-server. Good results show on pairs: EURUSD.
Advisor FlexibleFX - scalper based on price action and some of the indicators.
FlexibleFX Advisor analyzes data on timeframes of M1 and M5.
FlexibleFX Advisor for all couples, but I recommend using it on pairs with low spreads and low stop level.
It is possible to install the robot for several instruments simultaneously.
Recommended schedule period for M1 or M5.
Recommended leverage - 1: 500
It is desirable clock VPS hosting.
The minimum deposit - 500 USD
Trading strategy
FlexibleFX strategy is a mechanical trading system designed for trading on the main market of Forex instruments in the direction of the current short-term trend. The direction of this trend is determined by the methods of technical analysis. Target levels for profit taking set immediately after the opening of the transaction, which is used pending limit orders (Take Profit), executed by the broker at the stated price or better. This eliminates the effect of slippage and re-quotes on trading results.
However, by itself, this approach is not able to bring profits from trading in the currency market as the classic technical analysis on today´s FOREX market does not always work well. This is due to the enormous scope of the market and a large number of factors affecting the pricing on it.
The main highlight is the technology strategy described dynamic averaging a profitable position and advisor is able to change the parameters of the market volatility This technology avoids the closing positions at a loss, if after the opening of the transaction the direction of the current trend suddenly changed.
Settings:
FirstOrder - optional opening of the first order. If false, the first order does not open,
Lots - the lot size for the start of trading,
LotMultiplier - multiplication factor of the lot when placing the next order. Example: The first lot of 0.1 series: 0.16, 0.26, 0.43 ...
TakeProfit - upon reaching how many pips to close the deal,
lotdecimal - how many decimal places in the lot count 0 - normal items (1) 1 - mini lots (0.1), 2 - micro (0.01)
FlexibleModePips - option to enable a flexible regime,
GridPips - the value of the mesh size in points,
NBCV - number of last bars for calculating volatility
DEL - a parameter for the calculation of the grid orders. It is used in the calculations with FlexibleModePips and GridPips,
slip - the permissible slippage in points,
Drop - specifies the value of the CCI indicator with a period of 55. When the «CCI» indicator exceeds the numerical value of the parameter, all open orders the robot closes in order to avoid large losses,
RsiMinimum - lower boundary RSI.Relative Strength Index,
RsiMaximum - the upper limit RSI.Relative Strength Index,
MagicNumber - warrants a room,
MaxTrades - the maximum number of open orders in the series of orders,
TotalEquityRisk - the percentage of funds accounts for the loss limit,
UseTrailingStop - use a trailing stop. If the value = true sets the trailing stop los of orders, without being in the loss zone.

Additional information

Example of calculation.
GridPips = 30
Please turn on mode (if the First Order = true)? in which the first order placed by 1/3 GridPips that is, 10 points.
The second order is placed 2/3 GridPips ie 20 points.
The third order is equal GridPips. In the fourth warrant is included Flexible mode in which GridPips works in conjunction with the «DEL» (typically has a value of 3), and calculates the distance between orders as follows: depending on the market volatility of the past such as 30 (parameter «NBCV») bar items can be set in the range of from GridPips / DEL - is the minimum range (in this case 10), and to GridPips * DEL - is the maximum range (in this case 90). That is, in a flat range is smaller, and more on the volatile market.

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