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hardProfit EA updated
I have modified ' hardprofit ea' . The EA is profitable on D1 time frame. You can trading 'hardprofit-modi-4Digital EA ' with low deposit $50 on 1:500 leverage.
StrategyTester.gif 11.67 kb, 73 downloads since 2017-05-15
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I'll download and try out your EA soon.
But now I needed to wait for become active member in this forum,
Thanks to every one who share Expert Advisers,.
About hardProfit EA updated
https://mt4talk.com/viewtopic.php?pid=43338#p43338
The EA adjusts stop-loss to minimize losses and uses a unique blend of trend and breakout strategies to make informed trades.
The EA operates on a mix of trend following and breakout strategies. It uses moving averages and OsMA indicators for trend analysis and sets trade parameters based on these trends. Trades are executed based on the relationship between the fast and slow moving averages and the OsMA values. It's pretty smart with money management, choosing from fixed, geometrical, proportional, smart, or TSSF based lot sizes. The EA also modifies stop-loss dynamically to safeguard your trades against market volatility. Partial take profits are another cool feature, allowing you to secure gains at predefined levels.
Setting up the Parameters:
BreakoutPeriode: This parameter sets the period for the breakout strategy. It defines the number of bars used to identify a breakout scenario in the market.
TrendPeriode: Determines the period for the trend-following strategy. It's the number of bars used to calculate the moving average, helping the EA identify the market trend.
OnlyShort and OnlyLong: These are boolean parameters (true/false). If OnlyShort is set to true, the EA will only enter short (sell) positions. If OnlyLong is true, it will only enter long (buy) positions. Setting both to false allows the EA to take both long and short positions.
MaxTradesPerBar: Limits the number of trades that can be opened within a single bar. It's a control mechanism to prevent overtrading in a short time frame.
StopLoss: Sets the stop-loss level in points. It's a critical parameter for risk management, defining the maximum loss you're willing to take on a trade.
BreakEven: This parameter sets the point (in pips) at which the stop-loss is moved to the break-even point, protecting your trade from loss once it becomes profitable.
SeuilSL: A threshold in points after which the stop-loss can be increased to reduce the maximum Array.
PartialTP1 and PartialTP2: These parameters define the levels (in points) for partial take profits. When the price reaches these levels, a portion of the trade is closed to secure profits.
PartialRatio1 and PartialRatio2: Determine the percentage of the trade volume to be closed at PartialTP1 and PartialTP2 levels, respectively.
TakeProfit: The take-profit level in points. This is where your trade will automatically close, securing your profits at the desired price level.
Slippage: Sets the maximum allowable slippage in points. It controls the difference between the expected price of a trade and the price at which the trade is actually executed.
MaxSpread: The maximum spread (in points) at which a trade can be executed. This prevents trading during times of high market volatility when spreads are wide.
Magic: A unique identifier for trades made by this EA, allowing it to distinguish its trades from others.
MMType (Money Management Type): Determines the method of calculating the lot size for each trade. It can be fixed, geometrical, proportional, smart, or TSSF-based.
FixedLots: If MMType is set to fixed, this parameter defines the fixed lot size for each trade.
GeometricalFactor: Used when MMType is geometrical. It's a multiplier that adjusts the lot size based on the account balance.
ProportionalRisk: In proportional MMType, this sets the risk percentage of the account equity per trade.
LastXTrades: Used in smart MMType to consider the number of recent trades for calculating the lot size.
DecreaseFactor: A factor in smart MMType that reduces the lot size based on consecutive losses.
TSSFTrigger series and TSSFRatio series: These are used in TSSF (Trade Success Score Factor) MMType. They determine the lot size based on the historical performance (win/loss ratio) of the EA.
The EAs blend of trend and breakout strategies, coupled with dynamic money management, makes it a great asset for your trading arsenal.
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