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Combo_Right Forex EA - Proven Expert Advisor for Profitable Trading
Explore the power of Combo_Right.mq4, a reliable Forex robot designed to optimize your trading experience. This expert advisor (EA) has been rigorously tested on brokers like LQDFX and FXOpen, ensuring compatibility with various platforms. Achieve consistent results with this advanced Forex EA, tailored for success in any market condition. Elevate your trading strategy with Combo_Right and unlock new possibilities in the dynamic world of forex trading.
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The Combo_Right EA
Strategy:
The EA uses a combination of different trading systems to make decisions on whether to buy or sell a currency pair.
Parameters:
tp1 and sl1: Take Profit and Stop Loss values for the first trading system.
p1: A parameter for the first trading system.
x12, x22, x32, x42: Parameters for the first trading system.
tp2 and sl2: Take Profit and Stop Loss values for the second trading system.
p2: A parameter for the second trading system.
x13, x23, x33, x43: Parameters for the second trading system.
tp3 and sl3: Take Profit and Stop Loss values for the third trading system.
p3: A parameter for the third trading system.
x14, x24, x34, x44: Parameters for the third trading system.
p4: A parameter for the fourth trading system.
pass: A parameter that controls which trading system is active.
lots: The trading lot size.
mn: Magic number to identify trades made by this EA.
Operation:
*The EA begins by checking if it's allowed to trade based on the current time. If not, it waits for a while and checks again.
*It then checks if there are any open orders for the same currency pair with the same magic number (preventing duplicate trades).
*Depending on the value of pass, the EA selects one of its trading systems. The choice is made based on the output of certain "perceptron" functions, which calculate a weighted sum of historical price data.
*The EA calculates Stop Loss and Take Profit levels (sl and tp) based on the selected trading system.
*It then sends a buy or sell order depending on whether the "Supervisor" function returns a positive or negative value.
*If the order cannot be placed successfully, it retries after a brief pause.
Exit:
The EA does not actively manage trades once they are open. It relies on the predefined Stop Loss and Take Profit levels to exit trades.
In summary, the Combo_Right EA uses a combination of different trading systems, each represented by a "pass" value, and selects the trading system based on the output of perceptron functions. It then enters trades with specified Take Profit and Stop Loss levels. It doesn't actively manage trades and relies on the predefined exit conditions. To use this EA, you would need to set the input parameters according to your trading preferences and attach it to a chart in your trading platform.
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