Lazy Locker

Advisor is designed to only trade currencies in the forex market to hedge accounts.

Councilor strategy depends on the trade regime.

• Trade mode - you can select "Weekly" or "Daily". This means that the trade cycle is limited to a week or one day.


• Lot size - the size of the permanent lot. Set manually.


• The bar number of open positions - the bar room from the beginning of the selected trading period for opening or Stop-Limit orders. If selected trade Weekly, the bar is taken into account H4 period. If selected trade Daily, it is taken into account H1.


• The closing hour of trade - the closing hour of trade, should be set taking into account the fact that the adviser will close all the remaining positions and remove all of its pending orders 15 minutes before the appointed hour.


• Reverse trade - if set to false, will use Limit-warrant, and if true, the Stop-orders.


• Period Average True Range - ATR indicator period. The indicator value is taken into account only if the option Reverse trade is exposed to false.


• Indent from High & Low - indent from the High and Low of the last closed bar. This value is only taken into account if the option Reverse trade is exposed to true.


• Take profit - at 0 Take Profit is not placed. Positions are closed at the appointed parameter The closing hour of trade time. Take profit if the value is greater than zero, then take profit is placed at a specified distance from the opposite order (note Fig. 3). If selected during the trading period (day or week) the price is not reached the take profit, then a counselor in the specified time will close all positions and delete all orders.


• Trailing - if false will only be breakeven. When true trailing stages will be equal to the distance between BuyLimit and SellLimit-orders. The Reverse trade regime is only translating to breakeven.


• Slippage breakeven - margin for slippage in the closing position of the foot in bezubytka.


• Magic number - I hope that this option does not require additional comments.

So, the strategy of using the default settings:

On Monday, at the opening of the bar 4-8 hours exhibited two orders,

• BuyLimit distance values ​​below ATR indicator Low closed down bar


• SellLimit at a distance above the indicator value ATR High closed down bar.

At the time of activation of one of them, nothing happens, and at the time of activation of the second to the first set a stop-loss to breakeven. If the price reversed and closed for the first bezubytka, the second also put a stop-loss to breakeven.

It is possible to intervene in the work of the adviser and manually close any open positions, or remove any of the pending orders only if you think that further retention will reduce the profit or increase the loss.

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