CAP Zone Recovery EA Pro MT5

councilor version CAP Zone Recovery EA PRO for MetaTrader 5.

Input parameters

1) RECOVERY ZONE MANAGEMENT - reduction zone control

• Hedge Order Type: order type for hedging orders. You can choose pending (pending) or immediate (instant) order.


• Magic: A unique identification number for all transactions, open robot.


• TP_Type: Select the type of take-profit:




1. In Points: At a fixed distance from the last transaction


2. In Currency: Take-profit in foreign currency.




• TakeProfit For Initial (Points / Currency): Take-profit for the initial transaction.


• TakeProfit For Hedge (Points / Currency): Profit target for hedging transactions.


• RecoveryGAP: Distance to restore the level in points.


• MaxHedgeOrder: Maximum number of transactions, which will be opened by using a recovery zone algorithm.


• LotType: Lot type for hedging orders




1. Multiple: The lot size is a multiple of the previous orders.


2. Custom: The lot size is specified by the user.


3. AddLots: Coefficient of adding the number of lots.


4. Aggressive: lot control with an aggressive trade.


5. Patient: lot control for more patient traders.




• MultipleLots: Specify the lot size fold (compared with the previous opening of the transaction).


• AddLots: Meaning additional lots. Example: Advisor wants to open hedging sell order, lot size is calculated as follows (total number of lots Buy - Total Received lots Sell = number of lots + Add Lots).


• CustomLots: Custom lot size for each hedging orders. Lot sizes are separated by ";".

2) INITIAL TRADE SETTING - setting the initial transaction

• Initial Trade Type: the first transaction type.




1. External Manual Trade: The original deal opened manually. Open transaction (buy / sell or pending order) manually from MT4 terminal MT4 or mobile platform.


2. External EA Trade: The first deal opens another adviser. Make sure that both counselor uses the same magic number.


3. Auto Trading: EA opens the first transaction automatically in accordance with the internal trading strategy.


4. Custom PlugIn: Advisor automatically opens the original transaction on the basis of custom plug. If you want to open the primary transaction on a logic of its own, you can develop your own plugin for this advisor.


5. Instant Order: EA opens a direct order (buy / sell or deferred). This method allows you to place more than one order manually one by one and the same instrument.


6. Trade Panel: A primary deal also opens with trading mini-bar.




• Auto Trading: Choose a trading strategy.


• Instant Trade Type: instant transaction type.


• Continuous Trade: When TRUE EA will continue to open initial transaction after closure of any transaction (works only with the initial transaction type Instant Order).


• Reverse Signals: When TRUE expands all signals for automated trading (works only with the initial transaction type Auto Trading).

3) TWO-STAGE RECOVERY REGION - area of ​​a two-stage recovery

Recovery area changes after a certain number of transactions in order to avoid the flat.

• Add Recovery GAP (+/-): value in the paragraphs which is added to / subtracted from the initial reduction zone to create a new.


• Number Of Order: the number of transactions, followed by recovery area changes.


• Max / Min. Recovery GAP: maximum / minimum recovery area.

4) LOSS SETTING - setting fixation losses

• Loss Traking Policy: The choice of fixing damages policy - action adviser when the MaxHedgeOrder.




1. NONE: Advisor will not close losing trades.


2. Place Stoploss When MaxHedgeOrder Reach: When True adviser establishes a fixed stop-loss when the MaxHedgeOrder.


3. Close Trade By Trade: When True Advisor closes the last order in several stages. Example: when MaxHedgeOrder = 8, if the total number of transactions is equal to 8, the EA will not open further hedging transactions. In this case, if the latest deal unprofitable, it will close adviser.




• SetSLForError: If an error occurs or if the adviser can not open hedging transaction advisor will set a stop-loss on the opposite transaction.


• StopLoss: stop-loss recovery region (points).

5) GRID SETTING - mesh settings

Using the grid strategy before the start of the recovery, as well as for use with a counselor who has opened multiple trades in the same direction.

• Number Of Grids Trade: the number of grid warrants 0 - without a net.


• Grid GAP: the distance between the levels at the grid points.


• Grid Lots Multiplier: multiplier lots grid.

6) TRAILING MANAGEMENT: Trailing work if there are no active hedging transactions (only for the initial deal).

7) BREAK EVENT MANAGEMENT: breakeven works if there are no active hedging transactions (only for the initial deal).

8) TIME CONFIGURATIONS - setting time

• Trade Asian: use the Asian session (True / False).


• Trade Europe: use the European session (True / False).


• Trade America: use during the US session (True / False).

Author

Capilta Business Solutions