Rolling Ice EA - Comprehensive Guide

"Trade with Precision, Win with Confidence!"

🔹 Overview

The Rolling Ice EA is a sophisticated Forex trading expert advisor designed to automate trading strategies across multiple timeframes. It incorporates advanced indicators like MACD, RSI, CCI, and Stochastic to generate trading signals. The EA also features martingale and trailing stop mechanisms, making it suitable for both aggressive and conservative traders.

🔧 Key Features

✅ Multi-Timeframe Analysis (M1, M5, M15, M30, H1, H4, D1)

✅ Martingale & Lot Multiplier (Controlled risk management)

✅ Trailing Stop & Take Profit (Lock in profits dynamically)

✅ Equity Stop Protection (Auto-stop to prevent excessive losses)

✅ News Filter & Time-Based Trading (Avoid high-impact news events)

⚙️ EA Settings & Configuration

1. General Settings

Lots = Base lot size (Default: 0.01)

LotExponent = Martingale multiplier (Default: 1.5)

MaxLots = Maximum allowed lot size (Default: 5.0)

TakeProfit = Fixed TP in pips (Default: 50)

MagicNumber_Hilo = Unique ID for trades (Default: 11111)

2. Money Management (MM)

MM (Money Management) = True/False (If True, lot size adjusts based on balance)

UseEquityStop = True/False (Auto-close trades if equity drops below a threshold)

TotalEquityRisk = Max risk percentage (Default: 20%)

3. Time-Based Controls

CloseFriday = True/False (Close trades before the weekend)

CloseFridayHour = Hour to close trades (Default: 17)

OpenMonday = True/False (Resume trading on Monday)

OpenMondayHour = Hour to start trading (Default: 0)

4. Trading Filters

USEnewsFilter = True/False (Avoid trading during high-impact news)

UseTrailingStop_Hilo = True/False (Enable trailing stop)

TrailStart_Hilo = Pips before trailing activates (Default: 10)

TrailStop_Hilo = Trailing stop distance (Default: 5)

📊 Trading Logic

The EA uses a combination of MACD, RSI, CCI, and Stochastic to determine trade entries:

Buy Signal:

MACD crosses above signal line

RSI 50 & CCI 0

Stochastic above 40

Sell Signal:

MACD crosses below signal line

RSI 50 & CCI 0

Stochastic below 60

Martingale Strategy

If a trade loses, the next trade’s lot size increases by the LotExponent factor.

PipStep_Hilo (Default: 30) determines the distance between martingale trades.

📌 Important Notes

⚠️ Risk Warning: Martingale can increase drawdown. Use proper risk management.

⚠️ Backtest First: Always test in a demo account before live trading.

⚠️ Broker Compatibility: Works best with low-spread ECN brokers.

📜 Developer & Source

Developed by: R.KH 1001