AsctrendBuySellExpert_v1.7.mq4 - Top Forex EA for LQDFX and FXOpen

Unlock trading success with AsctrendBuySellExpert_v1.7.mq4, a powerful Forex EA designed for optimal performance. This expert advisor (EA) is your key to automated trading excellence, delivering precision and efficiency. Elevate your trading experience with this advanced Forex robot, meticulously crafted for LQDFX and FXOpen compatibility. Explore the potential of automated trading - maximize profits with AsctrendBuySellExpert_v1.7.mq4, your trusted Forex companion.

Download the AsctrendBuySellExpert_v1.6 + suggested settings!

The EA aims to capture trading opportunities by combining the signals from these indicators. It opens a long position (buy) when conditions favor an uptrend and a short position (sell) when conditions indicate a downtrend. Additionally, it offers partial position closing and trailing stop functionality to manage trades.

Key Functions:

Trading Hours: You can specify trading hours, and the EA will only execute trades during those hours.
Risk Management: You can control the risk by setting various parameters such as lot size, stop loss, take profit, and trailing stop.
Indicators: The EA uses several indicators to make trading decisions, including:

ASCTrend: This indicator helps identify the overall market trend.
Parabolic SAR: It uses Parabolic SAR for trend confirmation.
Stochastic: It incorporates Stochastic oscillator for additional confirmation.
PriceChannel_Stop: It utilizes a custom Price Channel indicator.
Partially Closing: You can set it to partially close positions at specific profit levels.
RSI Filter and Exit: Relative Strength Index (RSI) can be used as a filter and exit signal.

Setting up the EA:

To set up the EA, you can adjust the parameters such as trading hours, risk management, indicator settings, and more based on your trading preferences. It's important to carefully choose these settings to align with your trading strategy.

Suggested Settings: Here's a suggested setting to get you started:

Trading Hours: Use your preferred trading hours or set it to trade all day.
Risk Management: Adjust lot size, stop loss, and take profit according to your risk tolerance.
Indicators: Enable all indicators, but you may experiment with different combinations.
Partially Closing: Enable partial close for profit-taking.
RSI Filter and Exit: Use default RSI settings as a filter and exit signal.

These parameters allow you to customize the behavior of the EA, including risk management, indicator settings, and trading hours, to align it with your specific trading strategy and preferences:

MAGIC: An identification number to distinguish the EA's trades from others.
PARAMETERS_EXPERT: A label for expert advisor parameters.
clOpenBuy: Color for marking the opening of buy (long) positions.
clCloseBuy: Color for marking the closing of buy positions.
clOpenSell: Color for marking the opening of sell (short) positions.
clCloseSell: Color for marking the closing of sell positions.
Name_Expert: A name or label for the EA.
UseSound: A flag to enable or disable sound alerts.
NameFileSound: The name of the sound file for alerts.
PARAMETERS_FILTER: A label for filter-related parameters.
UseHourTrade: A flag to enable trading during specific hours.
FromHourTrade: The start hour for trading (if using hourly trading).
ToHourTrade: The end hour for trading (if using hourly trading).
PARAMETERS_TRADE: A label for trade-related parameters.
Lots: The lot size for each trade.
Slippage: The allowed slippage in pips.
lStopLoss: Stop loss for long positions.
sStopLoss: Stop loss for short positions.
lTakeProfit: Take profit for long positions.
sTakeProfit: Take profit for short positions.
lTrailingStop: Trailing stop for long positions.
sTrailingStop: Trailing stop for short positions.
PARAMETERS_INDICATOR_ONE: A label for the first indicator parameters (ASCTrend).
UseASCtrend: A flag to enable or disable ASCTrend indicator.
RISK: A parameter related to the ASCTrend indicator.
PARAMETERS_INDICATOR_TWO: A label for the second indicator parameters (Parabolic SAR).
Step: A parameter for the Parabolic SAR indicator.
Maximum: Another parameter for the Parabolic SAR indicator.
PARAMETERS_INDICATOR_THREE: A label for the third indicator parameters (Stochastic).
KPeriod: The period for the Stochastic indicator's K line.
DPeriod: The period for the Stochastic indicator's D line.
Slowing: The slowing factor for the Stochastic indicator.
PARAMETERS_INDICATOR_FOUR: A label for the fourth indicator parameters (PriceChannel_Stop).
ChannelPeriod: The period for the Price Channel indicator.
Risk: The channel narrowing factor.
TrailingMode: A flag for using a specific trailing mode.
PARAMETERS_INDICATOR_FIVE: A label for the fifth indicator parameters (Partially Closing).
PartCloseMode: A flag to enable or disable partial position closing.
PartCloseTarget: The target for partial position closing in pips.
PctLots: A percentage of lots to close when using partial closing.
PARAMETERS_INDICATOR_SIX: A label for the sixth indicator parameters (RSI Filter).
RSIPeriod: The period for the RSI indicator.
RSIPrice: The price used for RSI calculations.
RSIshift: The shift in bars for the RSI indicator.
BuyLevel: The RSI level used for buy signals.
SellLevel: The RSI level used for sell signals.
PARAMETERS_INDICATOR_SEVEN: A label for the seventh indicator parameters (RSI Exit).
xRSIPeriod: The period for the exit RSI indicator.
xRSIPrice: The price used for exit RSI calculations.
xRSIshift: The shift in bars for the exit RSI indicator.
xBuyLevelClose: The RSI level used for exit buy signals.
xSellLevelClose: The RSI level used for exit sell signals.

Suggested settings:

Currency Pair: EUR/USD

Time Frame: 1-hour (H1)

Minimum Budget: $1,000

EA Parameters:

MAGIC: 100111
UseHourTrade: True
FromHourTrade: 8
ToHourTrade: 18
Lots: 1
Slippage: 4
lStopLoss: 1000
sStopLoss: 1000
lTakeProfit: 70
sTakeProfit: 70
lTrailingStop: 1000
sTrailingStop: 1000
UseASCtrend: True
RISK: 12
Step: 0.005
Maximum: 0.02
KPeriod: 14
DPeriod: 5
Slowing: 5
ChannelPeriod: 9
Risk: 0.30
TrailingMode: 0
PartCloseMode: 0
PartCloseTarget: 0
PctLots: 0
RSIPeriod: 14
RSIPrice: 0
RSIshift: 1
BuyLevel: 60
SellLevel: 40
xRSIPeriod: 14
xRSIPrice: 0
xRSIshift: 1
xBuyLevelClose: 40
xSellLevelClose: 60

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