Tuesday, June 4, 2019

Shark Expert Advisor

Shark Expert Advisor


The adviser works on the basis of our indicator Shark (https://www.mql5.com/ru/market/product/22786). After forward testing this EA for more than 2 months and publishing live trading signals on our channel Telegram (https://t.me/SharkChannel), we received a lot of positive feedback from customers. Therefore, it was decided to put this simple, but a good counselor in the Market!


The robot can work with multiple characters and multiple timeframes. Thus, it can monitor multiple instruments at different timeframes to find Shark patterns, and then trades based on this pattern.


You can use this robot as a fully automated trading system. Or you can use it to open a transaction on the basis of your trading system.


entry points, stop loss and take profit on the basis of well-defined pattern Shark!


In the event of bearish or bullish Sharks patterns appear two entry points that are labeled with gold lines.


Stop-loss is indicated by a red line. There are 6 levels take profit, which are indicated by blue lines.




advantages of the robot



  • Support for multi-currency operation

  • Support multitaymfreymnoy work

  • Effective risk reward ratio

  • For all positions set a stop-loss and take-profit

  • customizable risk

  • partial closure

  • Trailing Stop

  • It can be used for scalping

  • Start time and stop working

  • Built-in LED Shark

  • Option to disable automatic trade and use patterns for manual trading




Recommendations for use



  1. The effectiveness of this advisor is much higher on the higher timeframes.

  2. It is important to have a good speed of connection to the broker server. Therefore it is recommended to use the VPS.




Options



  • MagicNumber - magic number, to run multiple copies of the advisor with different settings using different magic numbers.

  • ECN = true / false - Set true, if you ECN-account.

  • startTime - start time adviser to the broker time. To disable this feature, set a value of -1.

  • stopTime - end time adviser to the broker time. (At this time, the adviser is no longer open new deals, but other functions are still working!), Set 25 To disable this feature.

  • trade = true / false - if you want to use this EA as a signal provider and do not want to use the automated trading, set this parameter to false.

  • Alert = true / false - set true, to get alerts on every new signal.

  • showShark = true / false - set true, to show Shark patterns on the new chart. When the pattern reaches Shark stop loss or take profit or closed position of the trailing stop, this chart will be closed.

  • LIST = "EURUSD, GBPUSD, AUDUSD" - tool list (comma), which will be monitored and used in the trade.

  • M1 = false / true - set true, to keep track of this timeframe.

  • M5 = false / true - set true, to keep track of this timeframe.

  • M15 = false / true - set true, to keep track of this timeframe.

  • M30 = false / true - set true, to keep track of this timeframe.

  • H1 = false / true - set true, to keep track of this timeframe.

  • H4 = false / true - set true, to keep track of this timeframe.

  • D1 = false / true - set true, to keep track of this timeframe.

  • W1 = false / true - set true, to keep track of this timeframe.

  • Lot = 0; - if you set a value not equal to zero, the adviser will use a fixed lot size specified. Otherwise, the lot size will be calculated automatically based on the Risk setting.

  • Risk = 0.5; - risk percentage. If the position reaches the stop-loss, the loss will be given a percentage of the size of the account. Only works when Lot = 0 value.

  • PartialClose = true / false - if found true, will be partially closed position when the specified percentage of the take profit.

  • closeTpPercentage = 50 - If set to 50, then some part of the position will be closed when it reaches half of the take-profit.

  • closePercentage = 30 - if you set a value of 30, when partial closing will close 30% of the positions.

  • Trailing = false / true - set true, to the stop-loss price followed after the position becomes profitable.

  • trailStep = 100 - Step trailing in points. If you set a value of 100, a trailing position is activated after reaching 10 pips profit.


Shark Expert Advisor

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