Product web page : https://www.mql5.com/en/market/product/67940
1. What is that this EA? How does it enter trades?
2. Enter definitions + On-chart buttons.
3. Issues with the EA / Troubleshooting.
1.
Fortune is a posh algorithm that may be thought-about a pattern following technique. Its perform is to view the present bar of every timeframe concurrently as if they’re oscillating round a 50% level, keep away from buying and selling beneath 20% and better than 80% of every, after which come to a conclusion on the strongest potential brief time period path by mixing data gathered. This retains Fortune delicate to modifications in brief time period path.
The professional then makes use of a bar open scalping martingale perform to reap the benefits of the directional data supplied. Bar open scalping implies that if there aren’t any present open trades, the professional can solely open one new commerce firstly of every new candle of the loaded chart timeframe. This enables the person to extend what number of orders Fortune will open by altering the timeframe that the professional is loaded onto, it additionally helps to area orders staying with market dynamics by solely permitting one commerce to be positioned.
Fortune is definitely my first profitable automated technique and continues to show itself stable, nonetheless going sturdy since its inception in 2018. An thought when creating Fortune was to comply with pattern utilizing a decent grid always so by default a set pipstep is used, however as with my different specialists inputs are in-depth and Fortune’s order administration might be configured to go well with a consumer’s wants.
2.
- Order Remark – Remark displayed on every commerce taken.
- Magic Quantity – Quantity the EA makes use of to affiliate trades with itself – you solely want to vary the magic quantity if you’re utilizing the EA on two charts of the identical pair, every chart would then want a unique magic quantity.
- Present On Chart Panel – True will present account and EA data on the left aspect of the chart.
- Draw Line – True will draw a line on the breakeven level for open trades.
- BE Line – Coloration used for the breakeven line.
- Draw Revenue Labels – True will draw closed revenue labels on chart.
- Revenue Label Mode – What to show contained in the revenue lables, forex quantity, pips or each.
- Revenue Labels – Coloration used for the revenue lables.
- Max Unfold – Max unfold allowed to open a commerce – In pips.
- Max Slippage – Max slippage allowed to open a commerce – used for brokers that will require a requote.
- Max Lot Measurement Allowed – Max lot measurement allowed to be reached and/or positioned.
- Enable New Cycle – True will permit new commerce alternatives to be taken.
- Max Purchase & Promote Trades Allowed.
- Alert At Grid Degree – As soon as the open commerce quantity reaches the quantity within the enter the EA will ship an alert noification by way of the MT4 cell app.
- Enable Hedge Trades – True will take and handle other way commerce indicators whereas already in an open commerce.
- Shut Trades If Fairness Drops Under – The EA will shut all open trades if account fairness drops beneath the enter quantity.
- Solely Open Trades Above Free Margin – The EA will solely open new trades when the accounts free margin is above the enter quantity.
- Use Time Restrict – True will permit trades from ‘Begin Hour’ till ‘Cease Hour’ – Trades nonetheless open after hours will proceed to be managed.
- Begin Hour – Hour to permit trades from when ‘Restrict Commerce Hours’ is about true.
- Cease Hour – Hour to cease trades at when ‘Restrict Commerce Hours’ is about true.
- Commerce Monday – Friday Limits.
- STOP Commerce Earlier than Weekend – True will cease the professional from putting trades from Friday 17:00 till 23:59.
- SKIP Monday Market Open – True will cease the professional putting trades on market open till after 03:00 Monday morning.
- Base LotSize – The primary lot measurement positioned.
- Multiplier – Quantity to multiply the earlier commerce by when utilizing the grid.
- Cease Loss – In pips.
- Take Revenue – In pips.
- Auto Cash Administration – True will permit the EA to regulate the bottom lot in accordance with the account steadiness and the ‘Auto Danger P.c’ set.
- Auto Danger P.c – Defines the chance used within the Auto Cash Administration, 1 being low and 100 being very excessive.
- PipStep Technique – Technique which to area orders by. –
‘Mounted’ – Areas orders utilizing a person outlined fastened pipstep. The EA will solely place one order per candle of the loaded chart timeframe and if value has not moved the enter fastened pipstep distance away from the final order.
‘Dynamic’ – Makes use of continuously generated values by the ATR indicator and considers velocity in candles to generate a dynamically altering pipstep distance.
- PipStep Multiplier – The pipstep quantity getting used will likely be multiplied by this quantity for each order opened. (Sepreate quantities for purchase and promote sides and glued and dynamic strategies.)
- IF Mounted Pipstep – Quantity of pips to area order by when utilizing a set pipstep technique.
- Dynamic Step Timeframe The timeframe the EA makes use of to area orders when utilizing a dynamic pipstep technique – Completely different timeframe candles type at totally different charges/open and shut at totally different instances so results the place the subsequent order could be or will likely be allowed to be positioned
- ATR Interval – Used to manage distance within the dynamic pipstep.
- Use Path TakeProfit – True will permit the EA to regulate the take revenue as orders are added or eliminated – The take revenue will preserve the enter ‘Take Revenue’ from the breakeven degree.
- Use Trailing StopLoss – True will permit the EA to regulate the cease loss as orders transfer into revenue.
- Path Begin From – Pips into revenue to start out the trailing cease.
- Transfer Path Cease To – As soon as activated transfer the cease this many pips into revenue.
- Path Step – Alter the cease loss additional into revenue when value strikes this many pips.
- Use Auto Shut – When true the professional will routinely shut out trades when the enter quantity is reached.
- AutoClose Mode – When static the professional will at all times exit trades/grids for the quantity in ‘How a lot revenue’, when dynamic the professional will alter how a lot revenue in accordance with the bottom lot getting used.
- How A lot Revenue – How a lot revenue will the professional search for to exit grids/trades – This can be a forex quantity.
- Multiply Revenue By Open Trades – True will multiply the ‘How A lot Revenue’ enter by every opened commerce. (Seprate quantities for purchase and promote sides.)
- DrawDown Discount – Set to true will activate drawdown discount. This can look to breakeven on the primary positioned and newest positioned commerce in a fashioned grid in an intention to scale back general grid measurement and liberate margin.
- Scale back After – As soon as open trades quantity reaches the quantity on this enter the EA will start the perform. (Seprate quantities for purchase and promote sides.)
- P.c To Operate – The EA will take the primary positioned commerce and monitor its floating revenue, this enter will get a percetnage worth of that quantity. We then want the newest positioned commerce to cowl the unfavourable floating of the primary plus this saved proportion quantity for the perform to work.
To make use of the information filter the next internet handle must be added to the terminals WebRequest URL record.
Go to Instruments – Choices – Skilled Advisors – verify Enable WebRequest for listed URL : add ‘ https://ec.forexprostools.com ‘, to the record and press OK.
- Use Information Filter – When true the professional will draw vertical traces onto the chart at instances the place information occasions land, the professional 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 Gentle 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 start out putting new trades after an occasion.
- Low Occasion Line – Coloration used for low occasion traces.
- Gentle Occasion Line – Coloration used for gentle occasion traces.
- Excessive Occasion Line – Coloration used for prime occasion traces.
- Market Watch Time Zone (GMT) – The GMT offset to your brokers knowledge – (Most brokers are GMT+2)
- STOP Purchase – Pressed will cease the EA from putting anymore purchase trades.
- LAST Cycle – Pressed will permit 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 at all times comfortable 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 –
– On the prime 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.
– On the prime left of the terminal go to ‘ Instruments – Choices ‘.
– In ‘ Instruments – Choices ‘, go to the ‘ Skilled Advisors ‘ tab, please ensure, ‘ Enable automated buying and selling ‘ & ‘ Enable WebRequest for listed URL: ‘, are checked.
– To make use of the information filter the next internet handle must be added to the WebRequest URL record : ‘ https://ec.forexprostools.com ‘
– When loading the professional onto a chart please ensure that within the frequent tab, ‘ Enable dwell buying and selling ‘ is checked.
– In case you have a set file please go to the ‘ Inputs ‘ tab, press the ‘ Load ‘ button, then click on the set file you want to load, press ‘ OK ‘.
– Within the prime proper of the chart you will notice a smiley face if all of the steps are adopted appropriately and the professional will begin to seek for trades.
– Please verify if the unfold of your loaded chart is beneath the quantity set within the max unfold enter.
In case you have any issues please contact me utilizing one of many hyperlinks beneath.
Hyperlinks –
