AlgoTradeSoft Innovative EA (Unlocked) – Mql5

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AlgoTradeSoft Innovative EA

 The strategy is based on the breakdown of the most important support and resistance levels. The EA uses the adaptive trade management algorithm. The strategy is based on the breakdown of the most important support and resistance levels. The EA uses the adaptive trade management algorithm.

It was backtested and optimized using real ticks with 99,9% quality. The Expert Advisor has successfully passed the stress test with slippage and commission approximate to the real market conditions.It was backtested and optimized using real ticks with 99,9% quality. The Expert Advisor has successfully passed the stress test with slippage and commission approximate to the real market conditions.

The EA contains the algorithm of statistics collection and slippage control with complete statistics output on the information panel, so you can control the quality of the broker execution.The EA contains the algorithm of statistics collection and slippage control with complete statistics output on the information panel, so you can control the quality of the broker execution.

ParametersParameters

• MagicMagic — trades ID; — trades ID;
• EA commentEA comment — a comment to trades. — a comment to trades.

Risk SettingsRisk Settings

• Lot typeLot type — money management type:  — money management type:
  • Fixed LotFixed Lot — fixed lot; — fixed lot;
  • Risk per tradeRisk per trade — lot based on the StopLoss value:  — lot based on the StopLoss value:
    • 0.5% – conservative;0.5% – conservative;
    • 1.0% – standard (recommended);1.0% – standard (recommended);
    • 1.5% – aggressive (leverage not less than 1:200);1.5% – aggressive (leverage not less than 1:200);
    • 2+% – super aggressive (leverage not less than1:200).2+% – super aggressive (leverage not less than1:200).
• Margin percent useMargin percent use — lot based on margin value; — lot based on margin value;
• Fixed lot sizeFixed lot size;;
• Risk %Risk % — the percent of risk to calculate the lot for  — the percent of risk to calculate the lot for Risk per tradeRisk per trade and  and Margin percent useMargin percent use;;
• Max lotMax lot — maximum lot size (0 – off); — maximum lot size (0 – off);
• Personal balance %Personal balance % — EA’s proper balance, % of the total account balance (0 – disabled). For correct operation, all of the trades including the first account deposit must be available in the history. It is used in portfolio trading using several Expert Advisors; — EA’s proper balance, % of the total account balance (0 – disabled). For correct operation, all of the trades including the first account deposit must be available in the history. It is used in portfolio trading using several Expert Advisors;
• Initial StopLossInitial StopLoss — initial StopLoss; — initial StopLoss;
• TakeProfitTakeProfit — TakeProfit; — TakeProfit;
• BreakEven AfterBreakEven After — profit value to move StopLoss to  — profit value to move StopLoss to BreakEven ToBreakEven To;;
• BreakEven ToBreakEven To — profit protected by breakeven. — profit protected by breakeven.

Trailing StopTrailing Stop

• Trailing stopTrailing stop — trailing stop value:  — trailing stop value:
  • -1-1 — off; — off;
  • 00 — TrailingStop= StopLoss; — TrailingStop= StopLoss;
  • >0>0 — ?se the specified value; — ?se the specified value;
• Trailing stepTrailing step — trailing step; — trailing step;
• Risk protection on slippagesRisk protection on slippages — risk protection in case of slippage; — risk protection in case of slippage;
• Adapt Trailing to slippagesAdapt Trailing to slippages — trailing adjustment algorithm during slippage; — trailing adjustment algorithm during slippage;
• Trailing ModeTrailing Mode — trailing stop mode:  — trailing stop mode:
  • Adaptive by TimeAdaptive by Time – time adaptive (recommended); – time adaptive (recommended);
  • Adaptive by VolatilityAdaptive by Volatility – volatility adaptive; – volatility adaptive;
  • Adaptive by VolumeAdaptive by Volume — volume adaptive. — volume adaptive.
• Time ScaleTime Scale — time interval for price analysis (used for Adaptive by Time); — time interval for price analysis (used for Adaptive by Time);
• Volatility ScaleVolatility Scale — volatility range for price analysis (used for Adaptive by Volatility); — volatility range for price analysis (used for Adaptive by Volatility);
• Volume ScaleVolume Scale — adapted volatility range for volume analysis (used for Adaptive by Volume); — adapted volatility range for volume analysis (used for Adaptive by Volume);
• Change correction coefficientChange correction coefficient — trailing sensitivity factor. — trailing sensitivity factor.

Operation hours (GMT)Operation hours (GMT)

• EveryDay Start HourEveryDay Start Hour;;
• EveryDay Start MinuteEveryDay Start Minute;;
• EveryDay End HourEveryDay End Hour;;
• EveryDay End MinuteEveryDay End Minute..
• FridayStopTimeFridayStopTime — HH:MM. Leave it blank to disable; — HH:MM. Leave it blank to disable;
• GMT modeGMT mode — GMT offset of the broker server time;  — GMT offset of the broker server time;
  • Auto GMT (not for tester!)Auto GMT (not for tester!) — automatic GMT adjustment (recommended); — automatic GMT adjustment (recommended);
  • Manual GMTManual GMT — manual GMT correction, used for backtests. — manual GMT correction, used for backtests.
• Max average spreadMax average spread — 0 – off; — 0 – off;
• Fast BackTestFast BackTest — faster testing with a fixed spread, invalid for real trading; — faster testing with a fixed spread, invalid for real trading;
• Broker quotes shiftBroker quotes shift — shift of broker’s quotes (not used by most of brokers). — shift of broker’s quotes (not used by most of brokers).

RecommendationsRecommendations

1. Before using on a live account, test the EA with minimal risk;Before using on a live account, test the EA with minimal risk;
2. Use VPS or hosting server with minimal network latency to the broker’s server;Use VPS or hosting server with minimal network latency to the broker’s server;
3. For best results, use the leverage of 1:100 and more;For best results, use the leverage of 1:100 and more;
4. When using the EA with FIFO supporting brokers, do not run more than one EA on one account;When using the EA with FIFO supporting brokers, do not run more than one EA on one account;
5. Low spreads = low commission + high quality execution are important when choosing a broker to trade.Low spreads = low commission + high quality execution are important when choosing a broker to trade.

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