Bears Power technical indicator shows the strength of bears in the market. If the indicator is below zero, it is considered a strong bearish pressure. If it is greater than zero, then the pressure is considered to be weak. The basic concept of this indicator is that the moving average price indicates the value at which buyers and sellers are matched (mean value). This should be achieved by the lowest price for one day, when the selling pressure was the strongest. Thus, the difference between the highest price for the day and the moving average shows the strength of Bears Power.
The adviser works with a stop loss and trailing stop, Williams uses the percentage range and the indicator Bears Power.
Expert is optimized to trade on pairs GBPUSD and GBPJPY. Advisor may also work on other pairs.
Low trading drawdown;
It does not use martingale, grid, arbitration;
easy to set up.
Minimum shoulder 1: 100.
TrailingStar – the distance between the opening price and the current price to activate trailing.
TrailingStop – trailing stop.
TrailingStep – trailing step.
Stoploss – Stop-loss orders.
Risk – the share of the balance of the account to trade.
Magic – magic number.
Slippage – allowable slippage.
MaxSpread – the maximum value of the current spread.
Min_Margin_level – minimum level of margin accounts with no transactions as a percentage.
You can not trade without having behind at least some of you have not gained experience. It is clear that the mistakes of others is difficult to learn, but at least to know how much will be two and two – is necessary. There is a list of books that are required reading for every trader. The three of them I wrote below. They are very different. One – almost classic practical guide, the second – inverting thinking and shocking material, and the third book – a classic trader Library, a thing of the discharge "capital" Marx, only much more interesting.
to trading. ” This book is written
player in the market. The author reveals
the specifics of investment activity,
sequentially and detailing
theory and practice of professional
speculation. The book is structured accordingly
title: series revealed
first the most basics, the very beginnings of stock trade, and then going on smoothly
the transition to a serious analytics. Reader
It has the ability to compare different
methods and choose their own, which
most suitable for him,
no dictatorship on the part of the author’s
This book is not found. It describes the
indicators and stop orders, control
risks and technical analysis, many
other key points in the stock market support trade. The author teaches us to think and
feel like a successful trader – a
it is more important than just dry theory.
Separate chapters are devoted to this
instruments such as futures and options.
Burnham. “Mean Markets and Lizard Brain”.
This book – a very unusual textbook.
It teaches you that the person – is
biological system, which is extremely
irrational, and it is on the irrationality
first of all need to rely to
to achieve success in any market. before
you buy a share or bond, gold
or property, get a loan or
make a deposit – do you wish
take this book and how to look through a magnifying glass
through her situation. recommendations
Burnham you will definitely come in handy –
at least one of those reasons, it is always
it is important to look at the situation precarious
position. Burnham tells us that investment
preferences are often not amenable to
formal logic and look extremely
irrational. And this can be a good idea
Lefebvre. “Reminiscences of a Stock
Book – fiction rather than
textbook, but I read in one breath
and perceived no worse than film
“The wolf of Wall Street”. In fact, this is also
biography of one of the greatest speculators
stock trading, trading legends
Dzhessi Livermora. first edition
“Memories” was published almost one hundred
years ago, in 1923. Today, it is one
of the most popular books in the financial
circle. Here we describe the markets and psychology
it can be seen that in the age of personal
not fundamentally changed. Psychology
crowd and racing market demand described
so clearly and transparently, as if it is
of panic, which happened just today.
In short, read this book is worth every
trader – just part of the overall
development. As a primer.
Advisor uses to trade high-risk trading strategies like the Martingale. It works with take-profit and Elman neural network. Stop-loss is not used.
It may work on other major pairs.
Advisor is based on a 39 input, 10 hidden and 2 output nodes of the neural network, as well as the sigmoid function of automatic learning in real life. Trade is almost every candle. Neuron Learning studies on the history of candle and predicts the next candle.
Particular attention should be paid to the output node. It uses a single layer of the neural network and is more effective if there is confirmation of a trend change, and that the price will not return to its previous value.
High – Open
Open – Low
Stochastic (5,3,3) Mode_Main
Stochastic (5,3,3) Mode_Signal
ADX (3) Mode Main
ADX (3) Mode PLUSDI
ADX (3) Mode MINUSDI
Minimum shoulder – 1: 500.
The minimum initial deposit – only $ 1000.
Use the M1 or M5 timeframe.
training: Enables the robot learning mode.
load_neuron: Download Results robot training.
transaction: Allow discovery transactions.
reset: restore the default result of training, working with load_neuron: true.
max_loop: Robot depth training.
lot: the number of lots.
TakeProfit: The level of take-profit.
MaxSpread: Maximum spread, in which trade is allowed.
Closing of positions in MetaTrader 4 and the total profit \ loss with trailing earnings.
The? S can enable the Virtual stops (Separate Order), closing and settlement separately BUY SELL positions (Separate BUY SELL), Closing and settlement of all symbols, or the current character (All Symbols), Enable trailing earnings (Trailing Profit)
Closing occurs on the deposit currency, items, and% loss.
Advisor is designed for use in any account in a pair with any adviser or manual trading. As soon as the overall balance of transactions on a pair or all pairs is greater than or equal to the value specified in the settings, all positions are closed and deleted orders.
This version is able to not only close the profit at the set level, but also to trailing, to get more profit.
You can also try this EA Profit or Loss Pad for MetaTrader 5.
This panel adviser, is a part of our system, “Trafficking in one click” – VirtualTradePad
The detailed description and examples of use in our blog
MagiccOrder – closure of the magic number: -1 – all orders;
MagikToClose – Magick position to calculate and closing;
BalanceStart – the balance of which will be calculated percentage. 0 – variable is populated at the time of launch.
Orderdelete – delete pending orders at the closing position.
Use_Lots_in_CLP_Points – – when calculating pips, EA will also take into account the lot of these positions. This option is useful when trading on hedge account with different lots.
AutoCorrect_LevelCLP – Automatic verification of the values entered in the field of our advisor.
PROFITLOSS_EXTRASETS4 – Block Alert profit and loss of the deposit currency.
The panel is running on the symbol on which the (Current Symbol), or considers the total profit or loss for all symbols (All symbols).
The panel can be used as a virtual stop loss or take profit. To do this, set the size of the profit or loss in pips (Profit p or Loss p) and check, and choose your character. Advisor will close the transaction on your tool counts.
In the panel, you can select the type of closure: profit in dollars, in pips or in% of the balance sheet, as well as a loss of dollars in pips or in% of balance.
You can also adjust the trailing profits. Advisor, after receiving the income, remember the value and will trail the profit before closing.
There is also a “CLOSE ALL” button that closes the position character or all positions (depending on selection) instantly.
Directly on the panel displays information about the current status of your account on the proposed closure methods.
This panel can be used in conjunction with other panels and indicators from our collection.
Clicking Close causes the program to end.
Close Button \ Open turns \ panel unfolds on the chart.
You can move the graph panel. To do this, click on the top panel of the line next to the Close button and the Close, and drag the toolbar to place convenient for you.
Midnight EA – advanced on the basis of the system price Action (Price action), analyzing the current situation and forecast future price movements. Advisor does not use anything other than the price movement. Martingale, grid, hedging, scalping and other risky methods are not applicable.
The adviser works late at night (midnight GMT) on M30. The lifetime of the warrants – from a few minutes to 2-3 hours. Sometimes it takes more time, but in the morning all orders are usually closed.
Advisor works with all pairs, but I recommend using 16 pairs, I select during the numerous optimizations and tests. Couples can choose the settings (setting Selected_Symbol). If the characters do not contain any prefixes and suffixes, leave Selected_Symbol equal Automatic – Advisor automatically detects and uses a pair of pre-setting, hard-coded in the EA. In the presence of a prefix or suffix to select the desired parameter pairs Selected_Symbol. To trade on pairs not included in the list, select Automatic.
Portfolio with 16 pairs tested since the beginning of 2010 to the end of 2016, it has been committed ~ 50,000 transactions. When a spread of 20 and a fixed volume of orders, average win ratio was approximately 95% from profit factor higher than 3 and less than 3% drawdown (At 0.2 volume of orders in the lot and the initial deposit of $ 1,000 for each pair; proportionally change with the item in 0.01i $ 50 deposit on pair values).
With a smaller initial capital (or other reasons), you can start with the most effective 7 pairs: GBPCAD, CADCHF, GBPCHF, EURCAD, EURCHF, USDCHF, AUDCAD. For them win ratio is more than 97%, a profit factor – more than 4. Starting with the lot in 0.01, you will need no more than 150-200 $ Balance, the drawdown should not exceed 5%.
Correlation between 16 pairs of low. This means a high degree of diversification in low loss.
Midnight EA loss prevention algorithm has more than 30-45 pips on each pair, depending on, inter alia, of the spread. The algorithm prevents a sharp increase in the spread and other unfavorable movements before closing unprofitable warrants the stop-loss. Stop-loss is a dynamic, invisible to the broker and resistant broker manipulated spread. Take-profit is also dynamic and hidden – depending on market conditions.
selected Symbol – choose a pair. By default, Automatic (if the characters in your terminal have prefixes or suffixes, select a specific pair)
Magic Number – magic number, default 55555 (must be different from the magic numbers your other advisors)
max Slippage – maximum slippage, default 1,
Max Spread To Trade – the maximum spread, default 25 (valid values are 20-30)
GMT Offset For Testing – time difference between your broker and GMT The, default 0,
Alerts – alerts, False The default,
Notifications – notification True The default,
Emails – Posts by email, False The default,
auto Lots – auto-detection of the lot volume, default False (fixed value), and True is calculated automatically,
Lots To Balance Factor – ratio of lots to balance, by default 10 (see FIG. descriptions below)
Trade Size In Lots – the volume of transactions in lots, by default 0.01,
Holiday Break – weekend: from Start In December (Default – December 20) to End In January (By default, 8 January).
Money_Management (money management):
Auto_Lots = False: EA trade fixed lot specified in Trade_Size_in_Lots,
Auto_Lots = True: advisor calculates the volume of the lot, depending on the parameter Lots_To_Balance_Factor – ratio = 1 is EA trade 0.01 lots for every 1000 units of balance (e.g., Factor equal to 10 = 0.10, when the balance of the lot = 1000 USD / EUR / .. If the balance in 1500 USD / EUR / .. warrant = 0.15 lots).
Remember, no one except you is not liable for any investment decisions made by you. Current yield strategies and trading systems does not guarantee them the same performance in the future.
At 9.32 MSK Japanese
Nikkei index lost 1%; Hang
Seng “left” down to 0.7%; Shanghai
Composite suddenly increased to 0.3%; Australian
S P / ASX "lost “0.9%;
and the Korean Kospi Index slid
down to 0.4%.
The reason is almost
overall fall – in general “disorder”
World markets: Europe, fever, high
volatility in the US, where tonight
also fell major indexes falling
the price of oil. However, for example, in the fall
Japanese index “to blame” for the most
part of the strengthening of the yen, given that
the main share of “systemically important”
companies in the country of the Rising Sun
work for export, and thus a strong
their yen is not very profitable.
And the dollar and euro
again today fell against the yen
– and after the shares fell and the world-famous
“Blue chips”. Sony, Nissan and
Toyota lost 2% each;
Hitachi Ltd. dropped 4.5%;
Mitsubishi slid down on
3.2%; Mazda Motor Corp. weakened on
4.7%. Only Konica Minolta Inc. gone
“Counter-trend” and showed an increase
0.8% after being presented the “smart
glass “with full-color holographic
In the Hong Kong market
he doctor ordered weaken: firstly,
It plays the role of political instability;
and secondly, the relationship with Wall Street here
It is quite high. Many banks have lost
and technology companies, serious
reduction observed in heavyweights
Hang Seng Index. telecommunications
China Mobile Ltd lost giant
1.5%; one of the largest creditors
Industrial Commerzial Bank lowered
their rates by 1.4%. developer
online gaming NetDragon Websoft Inc.
I retreated to 2.5%, and its competitor Boyaa
Interactive International Ltd decreased by 1.8%.
The script was created to be able to place a pending order type Stop Close Only. This type of orders includes the entrance to a long position in the case of closing prices above a given price level and the opening of a short position if the price closes below the set price the trader. Very often this type of orders is used for opening positions on exit rates from the horizontal channel.
In your script Stop Close Only There is a possibility of exhibiting both directed and countervailing orders, take profit and stop loss orders on them. The script provides the possibility of trailing earnings for a set period after the passage of a predetermined number of price points from the opening point of the position.input level control at the position of the stop loss and take profits can be carried out by moving the mouse the corresponding lines on the chart.
The script has money management unit. Default risk is 2% of the equity of the trading account. This means that if the trader did not install the settings lot size, and entrusted the task of the script, the script will automatically detect the size of the lot on the basis of the available balance of funds on the trading account and the remoteness of the stop loss from the entry point to a position so that the trader will not receive loss from the transaction is greater than 2% of the balance of the account. The trader can set the date and time of expiry of the activation of a script.
Trade with the help of a script Stop Close Only as follows:
Open the window with the right tool at the right time frame. The MetaTrader 5 software interface to enable the “auto-trade“. Hot keys or by attaching to the chart to activate the script. In your script to set the necessary parameters.
ATTENTION: this is a demo version of Mirror utility for MetaTrader 4, which is the full version can be purchased here. This version runs on real-time graphics (not in the tester), just double the minimum amount (you can test the separation positions) available for trading. To work Mirror EA is required to install the program Mirror controller, which is free on the link to download.
Mirror tool for MetaTrader 4 – is a quick and effective tool to copy transactions for an unlimited number of accounts. This is a very useful tool for management accounts (account managers).
The application consists of two parts: Mirror controller (free bar) and Mirror EA (Advisor). To work needed both products.
Mirror controller must be loaded on the master account, and each Mirror EA program is installed on a receiving account. There are no restrictions on the number of custom hosting accounts.
Adjusting the scoring for each event, you can select one of four preset voices (David, Peter, Mary, Jennifer):
Placing an order;
Execution of the warrant;
position of the division;
Mirror EA Settings
Master account number (required);
Symbol on the master (optional);
Slip for the opening and closing positions;
Money management rules;
Emergency stop loss (on or off) and the distance emergency stop-loss;
Adjusting the scoring for each event, you can select one of four preset voices (David, Peter, Mary, Jennifer):
Placing an order;
Execution of the warrant;
position of the division;
You can customize the colors and fonts to display the advisor on the chart;
Mirror software enables you to copy any of the actions performed on the master account manually or by using the adviser;
The positions and the order can be changed to divide or close only at the receiving SLAVE-account;
For work that requires a DLL or other third-party applications;
Different names of characters from different brokers are not a problem;
The lot size for each receiving account can be set separately.
Money Management Features
There are five ways to control the size of the lot:
The lot size is the size of the receiving account lot master account;
Taken into account the aspect ratio of deposits on the account provider and the receiving account. (Assume resolution provider account is $ 5000 and Lot 2 are opened, the size of the receiving account is $ 7000, respectively, the lot size being opened will be: 7000/5000 = 1.4 (ratio) 2 * 1.4 = 2.8 lot); “Risk percentage” also has additional configuration. If this is set, a new volume value is calculated using a given percentage and the results of the previous claims. For example, if the size of the lot of the above formula was 2.8, and the parameter “Risk persentage” is 90%, the final lot size is calculated as 2.8 * 90/100 = 2.52.
By Larri Vilyamsa formula:
This rule has 4 parameters:
capital (equity, balance or free margin);
percentage of risk;
loss type (% of the price, pips, pips in digital format, in money);
maximum loss (% pips or currency)
the amount calculated as follows: (* Risk capital percentage) / maximum loss; for example: (4 703.00 $ * 5%) = 235.15; 235.15 / 450.00 = 0.52 lot;
Factor. (If the account provider 2 lots open and the multiplier is 1.5, the number of lots for the receiving account will be: 2 * 1.5 = 3 lots);
Features Emergency stop-loss
Emergency stop-loss is provided in case of loss of communication between the master account provider and the receiving account.
If the connection between the master and the receiving account is lost, open account at the receiving position may be left without control.
If the function is activated the emergency stop-loss position in the receiving account will be closed at this level of stop-loss.