LSMA Daily Trade

The idea came from the old trader who traded for a long time, since 2007 to the current year, leading trade manually using LSMA indicator. His experience had a positive result (a small but long-lasting).

BRIEF DESCRIPTION LSMA indicator. Stands for "moving average of the smallest cell number" (Least Squares Moving Average), and the LED draws endpoint linear regression line. Comparing the current value with the previous value is determined by the possibility of the trend, i.e. linear regression line indicates upward or downward. It uses the closing price of the current candle after it is completed, and the next candle is formed at the end point. This avoids the problem of a candle changes the value of the indicator in real time.

This EA is designed to open only one order per day, and it has a function of determining the size of the lot the next day profit / loss. This means that if, after the current day will close adviser, with negative results, it would double the size of the lot on the next trading day, and so on in the following days. If the next day the result of the profit is still negative, the value of the multiplier of each day, if the advisor is closed with a negative result equal to 2x, 4x, 8x, 16x, and last 32x, and as soon as the adviser to get a positive result in any size lot, Advisor to the next day will open with an order size of the default of the lot.

Since the old trader has experience of at least 10 years of manual trading, it never sets the size of the lot more than 32 times during his manual trading.

According to the manual trading old trader, he opened the order, when the very first signal for the purchase / sale came from LSMA indicator during the opening of the European market, so that the adviser has a filter over time, which allows it to open orders only and the hours of operation of the European market.

Good lot size management, depending on the original balance, the need for the adviser, which means no profit without risk, a safe the size of the first lot is equal to 0.01 for every 1000 units of the balance (very safe option, low risk).

Do not run this EA in association with others, and do not interfere manually, leave it to work independently on your computer, we recommend that the VPS, and the best experience for a couple of old trader - EURAUD.

This EA is a complex hybrid code LSMA, which was converted from LSMA indicator EA code, this will make your testing on the history of a very slow, but this is not a problem in the forward test, if you have difficulty or do not have the patience for testing advisor on history, just contact me, I will help you with pleasure.

Description expert parameters:

• Auto_Cut, automatic loss of restraint, set true to activate the default - false, this parameter is associated with Percent_Lost parameter.


• Percent_Lost, default 80% loss on your current account if your account will lose 80% of the current balance, Advisor will automatically close the order and updated.


• First_Balance, your initial account balance. EA can not work without it.


• START_HOUR, temporal filter, the adviser will begin in full force during this hour of the start of the default broker 10:00 server time (server time broker GMT +2 / Hour started the European market).


• START_HOUR, temporal filter, the adviser will complete in full force during this hour of the end of the default broker 16:00 server time (server time broker GMT +2 / hour of the end of the work of the European market).


• Magic_Number_Sell, Magick order number for sale.


• Magic_Number_Buy, Magick order number on your purchase.


• Order_Lot, size of the first lot on the purchase / sale.


• Main_TP, Take Profit orders in points, default 500 points, that is 50 pips.


• Main_SL, Stop-loss orders in the points, 500 points by default, that is 50 pips.


• max_Spread_Allowed, spread filter, the default of 100 points, that is 10 pips, if spread over 10 pips, Advisor to stop working until the spread is below 10 pips.