Guide:
1. Installation
2. Description of robot settings
3. Description of the robot InfoPanel
Installation
1. Install cTrader of broker.
2. Start New Hope FEEDs.exe and go to the settings. Specify Login and password, then choose the supplier of quick quotes. Then click on connect. If all is well, then we'll see fast ON
3. Сopy robot file to Start – Documents – cAlgo – Sources – Robots;
4. Launch restart program cTrader and install the robots for the graphics you need, be sure to specify the tool, time frame Any. In the first configuration, you must specify the login of the client, the one that was used when generating the license key. Usually it's your mail. If all is well, then the advisor will start working
Description of robot settings
-= General =-
LicKey – login client.
FeedSymbol - The name of the tool whose quick quotes you want to receive.
CommissionPips - Commission instruments in pips. Any commission of the instrument is considered in pips, but it is displayed in currency.
ManualOpenPositionDiff - deviation between fast and slow broker. The adviser also automatically considers the broker's spread. That is, the actual deviation is the spread + ManualOpenPositionDiff.
- = Orders = -
VirtualTakeProfit - virtual TakeProfit, not visible to the broker, on which we close the deal.
VirtualStopLoss - virtual StopLoss, not visible to the broker, on which the deal is closed.
UseDynamicVirtualTP - virtual TakeProfit. Depends on the current deviation when the transaction is opened.
Formula for calculating dynamic virtual TP:
(N-spread) / DynamicVirtualTPCoefficient
where N is the deviation at the opening of the transaction.
DynamicVirtualTPCoefficient - the coefficient of virtual TakeProfit. StopLoss - StopLoss at opening of the transaction, in case of unforeseen situations
TakeProfit - TP at opening of the transaction, in case of unforeseen situations or good traffic
StopLoss – SL at opening of the transaction, in case of unforeseen situations or good traffic
AllowBuy - Trade for purchase is allowed.
AllowSell - Allow trade for sale.
Label- adviser's order marker
Comment - adviser's comment
- = Risk management = -
Comment - adviser's comment
RiskManagement - the risk of a relative maximum order transaction for the current currency pair. To trade a fixed lot, you need to set the risk to 0. For different currency pairs, orders may differ for similar risks. This is due to the fact that for different currency pairs different collaterals and, accordingly, the maximum allowed lot is different
LotSize - lot size for trade
LotStep - lot size for the trade
MinLotSize - the minimum allowed lot for trading advisor
MaxLotSize - the maximum allowed lot for trading advisor
- = Instant execution options = -
Slippage - slip for Instant execution
-= Protection = -
MaxSpread is the maximum spread at which the Expert Advisor can open orders.
- = Advanced = -
BBUPoints - at how many points to put SL in breakeven. If 0, then off. Works only with
BBUSize - where to set a breakeven.
OrdersOpenInterval- pause in seconds between orders.
OrderLifeTimeMaximum - the maximum lifetime of the order in seconds. Then forcibly closes.
SleepProgram - a cycle of checking the ticks of a fast broker of the bot in ms.
RestartProgramTick - The restart the connection to the fast provider every N ticks per instrument.
- = TrailingStop = -
EnableTrailingStop - true - enable the use of a trailing stop, at false - the tolling stop is disabled
TrailingStop - how many points from the price to pull up the SL
TrailingStep - step in points of pulling up the SL
EnableVirtualTrailingStop- true - enable the use of a trailing stop, at false - the tolling stop is disabled
VirtualTrailingStop- on how many points from the price to pull up a virtual trunk
VirtualTrailingStep- step in points of pull-up virtual SL
Description of the robot InfoPanel
The Expert Advisor has an info panel for convenience.
1. Version ea
2. License status
3. Order Volume
4. Last log robots
5. Commission pips
6. Minimal Diff to open order
7. Current diff for BUY
8. Current diff for SELL
9. Number of ticks received to offset the alignment of fast quotes
10. Status of quotations
11. Minimum pulse when a signal appears.
12. Info about last order
13. Order open time
14. Order close time