DiNapoli strategy is a breakthrough trading strategy based on a number of standard technical indicators and Fibo levels. Fibo levels are the ones to be broken to open a market order. VSP is required for flawless operation, the recommended minimum deposit is 1000 units of the base currency. The EA is to be used on M5-H1 of highly liquid currency pairs with a small spread/commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP and EURCHF).

Features

• Works on minute bar Open prices;
• Features the news filter and spread expansion control;
• The EA features a predictive algorithm based on price patterns, as well as stop loss and take profit levels;
• Customizable pyramiding, hedging and order grid functions;
• Position tracking can be one of the three types: single closing, unidirectional or multidirectional order basket;
• The initial market exit strategy is highly customizable;
• The EA can be used with any trading strategy, both manual or automatic (Expert Advisors) if MagicNumber = -1.

Expert system

The algorithm collects price patterns on history to make forecasts depending on stop levels by using the statistics of the further price movement. The quotes history should be pre-downloaded for at least one year before testing/optimization on all currency pairs and timeframes, the EA is to be attached to. The lower the timeframe, the more price patterns the EA is to define and the more trend change signals are to be activated.

In order to provide operation of the news filter: In the terminal, open Tools ---> Options ---> Expert Advisors ---> add "http://calendar.fxstreet.com" to the "Allow WebRequest for listed URL list" field.

Main parameters

• MAPeriod, MaMethod - moving average parameters;
• MACDFast, MACDSlow, MACDSignal - MACD parameters;
• StochKperiod, StochDperiod, StochSlowing - Stochastic parameters;
• BuildingForecast - number of patterns to build a forecast, 2-7; -1 - not used;
• x1,x2...x16 - weights, optimize from 0 to 100, step - 10;
• StartWorkingTime, EndWorkingTime - operation by time; 00:00 - not used;
• NewsFilter – news filter settings;
• StopBeforeNews, StartAfterNews – minutes before and after a news release when opening new positions is disabled;
• SpreadControl – spread control, -1 - not used;
• OpenPositions - orders opening strategy;
• SingleOpen - single opening;
• Grid - order grid;
• Pyramiding - pyramiding;
• Hedging - hedging by symbol;
• OppositeDirection - open positions in the direction opposite to a signal;
• OpposingPositions - enable oppositely directed positions;
• VolumeCalculation - trading lot calculation method;
• Manual - set initial lot manually;
• Balance - calculate a trading lot based on the balance;
• Equity - by equity;
• FreeMargin - based on the free margin;
• InitialVolume - initial lot or % depending on the selected method;
• VolumeBehavior - lot behavior;
• SameVolume - same lot;
• IncreaseVolume - increase lot;
• DecreasesVolume - decrease lot;
• OrderOpenStep - initial order open step;
• OrderStepBehavior - order open step behavior;
• SameLevel - same levels;
• IncreaseLevel - increase step;
• DecreasesLevel - decrease step;
• ClosingPositions - order closing strategy;
• SingleClosing - single closing;
• UnidirectionalClosing - close a unidirectional basket of orders;
• MultidirectionalClosing - close a multi-directional basket of orders;
• TakeProfit - take profit, -1 - not used;
• StopLoss - stop loss, -1 - not used;
• Breakeven - position breakeven, -1 - not used;
• TrailingStop - trailing stop, -1 - not used;
• MagicNumber - magic number. If -1, the EA works with all orders;
• OrdersComment - comment to trades;
• Visualization - display data on a chart.