MT4 Expert Advisor: Trust_BTC_ZigZagScalping_Trader
***Working on Windows PC MetaTrader 4
- One of the most obvious characteristic of BTC which trading polarity is bigger than other none virtual currency.
To cope with it, added function of monitoring spread(different Ask and Bid when trade entry).
Big polarity is same meaning as big spread. This Expert Advisor’s function don’t make entry position until normal(user setting) spread when trading spread is too much.
This trading spread control function should be using at Entry and Exit timing.
I have never seen EA that have trading spread control function yet.
Refer of Expert Advisor Set file parameter: SpreadMax=XXX
- Second specific point, big polarity is same meaning as changeable trend up side down.
Size of Stop Loss(SL) and size of Take Profit(TP) when entry of trade, it should be change depending on trend up down for range of big polarity. But by only pips size of SL and TP is difficult to control profit because of trading spread and market fee is different from entry time it(this time frame M1).
To cope with it, added function of monitoring current total profit, if trend is right direction add new order copy as same as before the first(Long or Short) order.
Refer of Expert Advisor Set file parameter: Set file parameter: AddOrderProfit=XXX
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Demo Version (Evaluation)
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Trust_BTC_ZigZagScalping_Trader strategy algorithm is based by ZigZag Indicator Up Down edge angle timing Entry and Exit.
And Also Checking Day Trend and M5 TimeFrame Bars High and Low angle is sharp.....etc...
|1||EntryLots||0.2||if OrderRisk=0 Fixed Lots|
|2||TakeProfit||7000||Take Profits Pips|
|3||StopLoss||4000||Stop Loss Pips|
|6||InpDepth||112||ZigZag Idicator Calc Bars Depth|
|7||InpDeviation||8||ZigZag Indicator Deviation|
|8||InpBackstep||5||ZigZag Indicator number of calc|
|9||range||40||Bars(M5 TimeFrame) check numbers|
|11||MaxOrders||9||ORDER Max NUmbers|
|12||OrderRisk||6.0||if >0 Entry Lot calc from free margin 1.0-->10.0%|
|13||SpreadMax||1200||Spread Max Size Pips If over spread entry waiting retry until low|
|14||AddOrderProfit||0.5||If Trend continued and current order profit is over 'AddOrderProfit', add same pre order|
|15||StatingDeposit||0.0||for clac current margin report|
|16||CloseOrderProfit||6.0||If Close Order Loss or Profit Price"|
|17||Scalping||false||If True Scalping Order|
|18||ScalLossPips||140||Scalping Pips Take Profit|
|19||OrderNotifySend||false||If True Send Mail Order entry close timing|
|20||LoacalTimeZone||9||Time Zone for clac Day Trade Option|
|21||DayTradeClose||false||If True Day Tradeing Active|
|22||CloseHour||4||Order Entry End Hour|
|23||CloseMin||30||Order Entry End Minute|
|24||OpenHour||7||Order Entry Start Hour|
|25||OpenMin||30||Order Entry Start Minute|
|26||MagicNumber||195801||Magic Number Uniq|
|27||secretmagic||999999999999||Real Version Lock NUmber|
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