Trading-Forex

Trend Screener EA – Documentation 3 –

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Trend Screener EA – Documentation 3 –

 

EA input setting 

EA SETTING PART 6

USE_BASKET_TMF1

This feature can be used enable Basket Takeprofit/Stoploss feature. It calculating the live profit and loss for the orders opened based on Timeframe 1.

Basket Takeprofit = We calculate the profit of all open orders based on TimeFrame 1. When we reach X amount of profit, we close all open orders by Basket Takeprofit.

Basket Stoploss = We calculate the profit of all open orders based on TimeFrame 1. When we reach X amount of profit, we close all open orders by Basket Stoploss .

USE_BASKET_TMF2

This feature can be used to enable Basket Takeprofit/Stoploss feature. It calculating the live profit and loss for the orders opened based on Timeframe 2.


USE_BASKET_TMF3

This feature can be used to enable Basket Takeprofit/Stoploss feature. It calculating the live profit and loss for the orders opened based on Timeframe 3.


USE_GLOBAL_BASKET

This feature can be used to enable Basket Takeprofit/Stoploss feature. It calculating  the live profit and loss for the orders opened based on all timeframaes ( Timeframe 1, timeframe 2 and timeframe 3 )

TP_PIPS_TIME_FRAME_1

This input can be used to define the Basket TP in Pips of the orders open by Timeframe 1.

SL_PIPS_TIME_FRAME_1

This input can be used to define the Basket SL in Pips of the orders open by Timeframe 1.

TP_PIPS_TIME_FRAME_2

This input can be used to define the Basket TP in Pips of the orders open by Timeframe 2.

SL_PIPS_TIME_FRAME_2

This input can be used to define the Basket SL in Pips of the orders open by Timeframe 2.


TP_PIPS_TIME_FRAME_3

This input can be used to define the Basket TP in Pips of the orders open by Timeframe 3.


SL_PIPS_TIME_FRAME_3

This input can be used to define the Basket SL in Pips of the orders open by Timeframe 3.

EA SETTING PART 7

ENABLE_SESSION_1

This parameter can be used to enable-disable trading during session 1.

START_HOUR

This parameter can be used to set beginning hour of session 1.



START_MINUTE

This parameter can be used to set beginning hour of session 1.

END_HOUR

This parameter can be used to set ending hour of session 1.

END_MINUTE

This parameter can be used to set ending minute of session 1.


ENABLE_SESSION_2

This parameter can be used to enable-disable trading during session 2.

START_HOUR

This parameter can be used to set beginning hour of session 2.


START_MINUTE

This parameter can be used to set beginning hour of session 2.


END_HOUR

This parameter can be used to set ending hour of session 2.

END_MINUTE

This parameter can be used to set ending minute of session 2.

ENABLE_SESSION_3

This parameter can be used to enable-disable trading during session 3.

START_HOUR

This parameter can be used to set beginning hour of session 3.



START_MINUTE

This parameter can be used to set beginning hour of session 3.

END_HOUR

This parameter can be used to set ending hour of session 3.

END_MINUTE

This parameter can be used to set ending minute of session 3.

Risk Warning :

1. The idea of the EA is to build a portfolio of signals and wait for the good trend to build a good basket of profitable pairs to cover the losing trades and making a profit based on multiple pairs with Basket TP.

2 . If you don’t have patience,  this EA is not for you.

3. Recommended lot size per 1000$ is 0.01 lot. You set the Risk-based on your balance also from the EA set.

4. You will not start to make so much money with this EA in one day.  

5. This EA could also make losses depend on the parameters and the aggressiveness.

6. We don’t use Grid or Martingale in the EA. Only trading with safe stop-loss based on the Swing High / Swing Low and wait for a good trend to make a profit.

7. Every Trader can personalize the EA setting as he wants and based on his vision to the Market Trend. 

Author

SAYADI ACHREF , fintech software engineer. 

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