USER GUIDE – BlueDreams – Different – 14 February 2022

Date:


Product web page : https://www.mql5.com/en/market/product/66925

1. What is that this EA? How does it enter trades?

2. Enter definitions + On-chart buttons.

3. Issues with the EA / Troubleshooting.


1. 

BlueDreams is knowledgeable advisor that’s basically a mix of a development following technique combined with an entry technique, it goals to enter trades utilizing key excessive and low factors when in a confirmed development and can make the most of a dynamic grid to keep up a continuing fairness development.

The consumer is ready to set the timeframe which the knowledgeable focus onto for directional data utilizing the ‘Consumer Development Timeframe’ enter. As soon as a development has been confirmed, the knowledgeable will use the loaded chart timeframe to seek for entries.

Purchase trades are entered when a key low level is shaped in a uptrend, and sells are opened when a key excessive level is shaped in a downtrend. Key excessive and low factors are decided by a decent mixture of indicator sign combined with value motion.

Utilizing completely different combos of loaded chart timeframe and development timeframe can create varied outcomes, the EA will take extra trades coming into from smaller timeframes as extra excessive and low factors are shaped, so in flip coming into from larger timeframes could have much less trades however can present extra correct reversal factors.

BlueDreams has a novel dynamic grid perform in a position to change the required distance between orders relying on market dynamics. It does this by changing values from the ATR indicator into pips and through the use of completely different timeframe candle open and closes. The consumer is ready to focus the perform onto a separate timeframe than the loaded chart timeframe through the use of the ‘Dynamic Step Timeframe’ enter to be able to collect details about forming candles of that specified timeframe. The knowledgeable is just allowed to position one order per bar of the set dynamic step timeframe and provided that value has moved a distance equal to, or above that of the worth generated by the ATR, so utilizing a bigger timeframe within the enter means orders can be spaced additional aside and in flip utilizing a smaller timeframe will imply orders are spaced nearer collectively.


2.

F33

  • Use Information Filter  When true the knowledgeable will draw vertical traces onto the chart at occasions the place information occasions land, the knowledgeable will cease putting new trades the enter minutes earlier than an occasion and can maintain off putting trades till time has handed the enter minuets after the occasion.
  • Solely Draw Future Traces – Set true will draw solely draw traces in entrance of the present time.
  • Information Supply – The supply used to obtain information occasions.
  • Filter Low Information – True will cease new trades being positioned from the enter minuets earlier than a low information occasion till the enter minuets after.
  • Filter Delicate Information  – True will cease new trades being positioned from the enter minuets earlier than a gentle information occasion till the enter minuets after.
  • Filter Excessive Information  – True will cease new trades being positioned from the enter minuets earlier than a excessive information occasion till the enter minuets after.
  • Filter NFP FOMC Information  – True will cease new trades being positioned from the enter minuets earlier than a NFP/FOMC information occasion till the enter minuets after.
  • Minuets To Cease Buying and selling Earlier than Occasion – The desired minuets to cease putting new trades earlier than an occasion.
  • Minets To Cease Buying and selling After Occasion  – The desired minuets to begin putting new trades after an occasion.
  • Low Occasion Line – Shade used for low occasion traces.
  • Delicate Occasion Line – Shade used for gentle occasion traces.
  • Excessive Occasion Line – Shade used for top occasion traces.
  • Market Watch Time Zone (GMT) – The GMT offset to your brokers information – (Most brokers are GMT+2)

B2

  • STOP Purchase – Pressed will cease the EA from putting anymore purchase trades.
  • LAST Cycle – Pressed will enable the EA to complete the present grid cycle then will place no extra new trades when closed.
  • STOP Promote – Pressed will cease the EA from putting anymore promote trades.
  • Shut BUY – Press to shut all open purchase trades of the present pair.
  • Shut ALL  – Press to shut all open trades of the present pair.
  • Shut SELL  – Press to shut all open promote trades of the present pair.


3.

I’m all the time pleased to assist with arrange or if any issues emerge, please message me for help.

Some primary checks customers could make earlier than contacting me with issues are –

3 

–  On the high of the MT4 terminal please make sure the ‘ AutoTrading ‘ button is pushed in, and has a small inexperienced icon like the image to the left. 

4 

– On the high left of the terminal go to ‘ Instruments – Choices ‘.

3 

– In ‘ Instruments – Choices ‘, go to the ‘ Professional Advisors ‘ tab, please be certain that, ‘ Enable automated buying and selling ‘ & ‘ Enable WebRequest for listed URL: ‘, are checked.

– To make use of the information filter the next internet deal with must be added to the WebRequest URL record : ‘ https://ec.forexprostools.com ‘

2

– When loading the knowledgeable onto a chart please guarantee that within the widespread tab, ‘ Enable reside buying and selling ‘ is checked.

B4

– When you have a set file please go to the ‘ Inputs ‘ tab, press the ‘ Load ‘ button, then click on the set file it’s essential to load, press ‘ OK ‘.

5

– Within the high proper of the chart you will notice a smiley face if all of the steps are adopted appropriately and the knowledgeable will begin to seek for trades.

F41

– Please test if the unfold of your loaded chart is beneath the quantity set within the max unfold enter.

When you have any issues please contact me utilizing one of many hyperlinks beneath.


Hyperlinks –

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