EA Innovative PRO
www.mql5.com/en/market/product/14176?p=2717r
Expert: EA Innovative PRO.ex4 (Unlocked)
Preset: eurusd m15.set
Key Advantages of the EA
Does not use Martingale.
Does not use Ilan.
No arbitrage.
No Grid.
Does not use other risky strategies.
Always uses Stop Loss to protect capital.
User friendly.
Based on genuine 'in-house' algorithm.
Works on all brokers.
It can work with small deposit.
Only Pending Orders.
Can work with fixed lot and MM.
Does not open new orders if spread us high. (can be configured).
Parameters
Order Type — Trade direction.
Use_Risk_MM — At the value 'true' the lot size increases as the account balance grows.( Risk Management ).
Percentage_Risk — Increase the lot size based on balance.( Risk Management % ).
Lot — Fixed lot ( if "Use_Risk_MM" = false ).
Step_Factor — market volatility step.
Step_Order_Stop — step of the dynamic distance from the price to the pending order.
Max_Spread — Maximum Spread allowed before pending order is triggered.
Magic — The magic number of the orders.
Show_Info — Display the information panel.
Slippage — Allowed slippage before an order triggers.
Take_Profit — Take profit level in points.
Stop_Loss — Stop loss in points.
Use_Smart_StopLoss — At the value 'true' the stop loss is adjusted according to the price movement.
Smart_StopLoss — Smart Stop Loss in points.
Use_Break_Even — If this is true Stoploss price will be moved to breakeven when price is above target points.
Breakeven_Target_PipsInp — When price is above this value breakeven will be triggered.
Breakeven_Jump_PipsInp — Stoploss will be moved using this value to breakeven.
Use_Trailing — If this is true, profit will be protected with trailing stop.
Trailing_Stop — Trailing points, when the position is in profit.
Trailing_Step — Trailing step, when the position is in profit.
Trading time — Trading by time.
Use time — If true trading will be performed by time.
0 = time server, 1 = time PC — .
time string — Time separated by commas, Example: 00:30,18:30 = trade from 00:30 to 18:30.
Limiter time — Switching on time on Monday and switching off time on Friday.
Use time — If true trading will be performed by time.
0 = time server, 1 = time PC — .
Inclusion in Monday — Switching on time on Monday.
ff on Friday — Switching off time on Friday.
Recommendations
Before using on a live account, test the EA with minimal risk.
Use VPS or hosting server with minimal network latency to the broker's server.
Low spreads + low commission + high quality execution are important when choosing a broker to trade.
Account type: Pro or ECN (Market Execution);
Broker with spread sizes from 0.5 to 2 points (5-20 points for 5-digits).
Maximum Stop Level under 20 points.