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Batman-EA Expert Advisor!
Batman-EA is designed to help you make profitable trades in the Forex market. It uses a unique approach based on the "BAT" indicator.
How this EA works:
The EA monitors the market for buy and sell signals generated by the BAT indicator. When it spots a signal, it opens a trade with a specified lot size and sets take profit and stop loss levels.
How to Get Started:Download the "Batman-EA.mq4" file.
Open your MetaTrader 4 platform.
Go to 'File' > 'Open Data Folder' > 'MQL4' > 'Experts'.
Place the downloaded file in the 'Experts' folder.
Restart your MetaTrader 4 platform.
Now, you can find the "Batman-EA" in the Experts Advisors section.
Adjustable Parameters:
BackPeriod: Sets the look-back period for the BAT indicator.
ATRPeriod: Determines the period for the Average True Range (ATR) used in the BAT indicator.
Factor: Adjusts a factor used in the BAT indicator's calculations.
TypicalPrice: Specifies whether to use the typical price in the BAT indicator calculations (True or False).
Static_SL: Sets a static value for the stop loss (SL) level in points.
Static_TP: Sets a static value for the take profit (TP) level in points.
fibo: Defines a Fibonacci retracement level used in the EA's calculations.
Orders: Determines the maximum number of orders the EA can open simultaneously.
Lot: Sets the initial lot size for each trade.
LotExponent: Controls the lot size increase for each subsequent trade.
lotdecimal: Specifies the number of decimal places for lot size calculations.
Protect_Profit: Sets a profit level at which the EA will close all open trades.
MagicNumber: Assigns a unique identifier to the EA's trades for tracking purposes.
slippage: Defines the allowable slippage in points when opening or closing trades.
StartHour: Sets the start hour for the EA's trading activity.
EndHour: Sets the end hour for the EA's trading activity.
Winning Strategy Settings:
BackPeriod: 1000
ATRPeriod: 7
Factor: 1.1
TypicalPrice: False
Static_SL: 0
Static_TP: 39
fibo: 1.212
Orders: 4
Lot: 0.1
LotExponent: 2
lotdecimal: 2
Protect_Profit: 0
MagicNumber: 1080
slippage: 20
StartHour: 0
EndHour: 24
Winning Strategy Settings:
Currency Pair: Any major pair like EUR/USD
Minimal Balance: $1000
Time Frame: H1
Winning Strategy Explanation:
Batman-EA uses the BAT indicator to identify potential trade opportunities.
It opens trades when specific conditions are met, with predefined take profit and stop loss levels.
Adjust lot size and other settings based on your risk tolerance and account size.
Batman-EA(1).mq4 17.38 kb, 7 downloads since 2023-11-22
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