MMM Parabolic SAR
MMMStochastic advisor strategy:
- The robot constantly using Parabolic SAR indicator, and performs calculations to determine the price trend. If it determines the bullish prices, it sends an order to buy. If the indicator determines the bearish nature of prices, it sends an order to sell.
- EA does not place an order until the indicator will determine a good trend.
- As with all products MMM, the EA is programmed capital protection in the event of adverse market behavior. Protection includes the use of a trailing stop, wherein the stop-loss for tool price moves after release order to profit. In addition, you can specify a minimum percentage of the funds in the account to send a new order.
- Closes orders with any profit of value over specified in currency: This option works the same way as the traditional take profit, but with the difference that here the value indicated in the deposit currency, typically USD. To disable this option type 0 (zero).
- Take profit (order profit ceiling): traditional take profit. Its value is specified in pips. Warrants will be automatically opened with the value of the take-profit. To disable this option type 0 (zero).
- Stop loss (loss limit): Traditional stop-loss. Its value is specified in pips. Warrants will be automatically opened with the value of the stop-loss. To disable this option type 0 (zero).
- Lots volume to trade: the volume of orders to trade at the current currency pair. This parameter is optional.
- Trailing stop loss: traditional trailing stop. Its value is specified in pips. Warrants will be automatically opened with the value of the stop-loss. To disable this option type 0 (zero).
- Maximum number of simultaneous orders to open os this symbol: the maximum number of simultaneously opened orders for the current symbol. To disable this option type 0 (zero).
- Minimum equity percentage to allow opening new orders: minimum amount of own funds required to open new orders, used to protect the capital.
- Double the trading volume (lots) if prior order if profitable: when setting true adviser will double the volume of these orders after the close of profitable orders for current symbol. To disable this option, type false.
- Parabolic SAR Step: price increment - accelerating factor;
- Parabolic SAR Maximum: maximum step value;
- Parabolic SAR Shift: offset indicator;
- Magic Number: magic number used to Councilor orders.
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