
Forex Pirate Expert Version: 1.0
An updated and refined version designed to deliver high profits.
The "Forex Pirate" Expert Advisor can be utilized for both conservative long-term trading with minimal drawdowns and rapid, high-percentage gains over relatively short periods.
Key Features:
"TakeProfit" - The number of points to close a trade with a profit.
"StopLoss" - The number of points to close a trade at a loss.
"Slippage" - Slippage.
"Magic" - Advisor ID.
"Lot" - The transaction amount.
Dynamic Lot Settings:
"Dynamic" - Enables or disables the dynamic calculation of transaction volume.
"Risk" - Risk coefficient.
The Martingale Strategy, a classic approach, allows only one trade to be open at a time in each direction. If a loss occurs, the next trade will use a volume multiplier.
"Martin" - Enables or disables the martingale strategy.
"Multiplier Martin" - Lot multiplier.
The Forex Pirate Expert Advisor can also build grids.
"Setka" - Enables or disables the grid.
"Distance Setka" - Distance between orders in the grid.
"Multiplier Setka" - Multiplier.
A trailing stop feature is available if desired, provided you are not using the grid.
"Smart stop" - StopLoss.
"Smart_step_stop" - Trailing step.
There is a time-based trading function. If set to 00:00 and 23:59 by default, it is disabled.
"Start" - Start time for trading.
"End" - End time for trading.
A pause between trades ensures that each signal is only traded once.
"Pause_orders" - Enables or disables the pause between orders.
"Pause" - Pause duration in minutes.
The transaction timer is useful for those with a small deposit. When enabled, the Expert Advisor will cease trading after a specified number of orders are closed.
"Timer_orders" - Enables or disables the transaction timer.
"TotalOrderClose" - The number of orders after which the EA will stop.
"IndicatorClose" - Closes all trades on the instrument based on indicator readings.
Money Management at a Fixed Volume:
Money Management for a Dynamic Lot:
The recommended minimum deposit for the EA is $100 or $1 (100 cents) on a cent account.
The default settings are optimized for EURUSD.
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