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[Martingale Flip] Expert Advisor Crazy Lock v3

Tamil_Forexx

New Member
EA release year: 2013
Version: 3+

Currency pairs: EURUSD
Recommended deposit: 20,000 money (min. 10,000)
Timeframe: doesn't matter
Trading time: European session, on the American one finalizes opened deals
Description of the strategy.
Since 2013, many sites have been actively discussing the adviser I developed under the crazy name Crazy Lock. The idea of the robot came to me when I was talking about how to make money on any market movement, no matter in which direction it moves. The strategy of locking martingale (or Swing, Swing) was taken as a basis. Now I want to present you a modified and more functional version of this robot.
The point is this.
1. We trade only during the hours of the active phase of the market, so as not to get into a protracted flat and not to get a lot of orders. I also recommend turning off the adviser on holidays in Europe and America, when the market is most likely not very active, it is also better not to trade during Non Farm paroles (release of US employment data. Release date: Friday following the first Wednesday of the month) , the market may not be predictable, the adviser may simply not have time to place orders correctly.
2. To launch the strategy in a given period of time, we start looking at the ATR indicator, which shows the average volatility. As soon as the indicator goes up, we enter the market in the direction of the signal candle.
3. For the first order, we set a profit of 10 points and immediately the opposite order at a distance of 20 points from the first order with a lot increased by 2.2 times.
4. If the market goes not in the direction of the first order, but opens the opposite order, then we set the Take Profit of the second order already at a distance of 30 points. We put the stop of the first order there as well. Thus, with the simultaneous closing of a total of two transactions, we will get a positive trading result.
5. If the market catches the second order, immediately place another opposite one, also increasing the lot by 2.2. And so on ad infinitum, until the market reaches a profit. In practice, more than 9 orders are not required, the market starts to move somewhere and allows you to close profits in total for all orders.
6. In addition to the first channel of orders, we can open additional channels. Immediately, as soon as we opened the first order at a distance of 10 points from it, we place a pending order to launch another channel next to the already open one. We open it at a distance so that the channels do not coincide.
Thus, we collect profit in any scenario, no matter which direction the price goes, we turn over and take the profit. The main thing is that the price does not move in a small channel of 35-55 points for a long time. And this is unlikely given the current market dynamics. The main thing is to look at the economic calendar in time and turn off the adviser on holidays and when there is no news on the market in Europe and America. Well, if there is news, then most likely they will move the market somewhere.


What is in this version that is not in the one that has already managed to disperse on the Internet?
1. Now you can turn off the filter by trading time and start the robot for round-the-clock trading.
2. You can choose several strategies to start at the beginning of the day.
3. Parameters of the ATR indicator are displayed in external settings.
Description of the EA parameters.
Continuation Order Type - sets the type of order to continue trading
First TakeProfit - the size of the first TakeProfit
Channel size and second TakeProfit - the size of the channel and the second TakeProfit
Distance to the next channels - distance to the next channel
MM (% from balance) - money management (percentage of the first order from deposit)
Lot - size of the initial lot (0 - calculated from the balance and MM)
Max. number of channel orders - the maximum number of orders in the channel
MagicNumber - the unique number of the adviser
Enable trading time - enable trading by time
GMT broker - broker time
Trading start time - trading start time
Trading end time - trading end time
Start strategy - start strategy
Timeframe - timeframe of the indicator
Selected direction - select the opening direction (if Start strategy = Selected direction)
ATR period - ATR indicator period
ATR power-on level - ATR level to start the EA
 

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