This is a professional algorithmic trading Expert Advisor, its strategy is based on trading the most important support and resistance levels. 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.

Recommendations

1. Backtest and optimize the EA using quotes with 99.90% quality. Use slippage and commission similar to real market conditions.
2. Before using on a live account, test the EA with minimal risk;
3. Low spreads + low commission + high quality execution are important when choosing a broker to trade.

Parameters

• DailyTimeStart – EA operation start;
• DailyTimeFinish – operation end. 00:00 – not used;
• NewsFilter – allow using the news filter;
• MinutesAfterNews – minutes after a news release to start trading;
• NewsImpotance – upcoming news importance:
• _All – all news;
• _Low – low volatility;
• _Medium – medium volatility;
• _High – high volatility;
• _Low_Medium – low and medium;
• _Low_High – low and high;
• _Medium_High – medium and high;
• PersonalBalance – EA's proper balance, % of the total account balance.
• RiskPerTrade – lot calculation depending on free margin;
• FixedLotSize – fixed lot if RiskPerTrade = 0;
• MaxLotSize – maximum lot value;
• OrderExecution – order execution type;
• _InstantExecution
• _MarketExecution
• MaxSpread – maximum allowable spread value;
• MagicNum – trade ID;
• EAComment – comment;
• Action – choose strategy to trade levels;
• _BreakdownLevel – breakthrough strategy;
• _ReboundLevel – rollback strategy;
• _FalseBreakdownLevel – false breakthrough;
• TimeframeEA – EA operation timeframe;
• MinDistanceLevel – minimum range from the level in points;
• MaxDistanceLevel – maximum range rm the level to open orders;
• ShiftLevel – shift of support/resistance levels;
• HistoricalLevels – the number of historical levels;
• SequenceLevels – enable sequence of levels;
• ReOpeningLevels – re-opening on levels;
• SendOrderPrice – distance from the level to place orders, in points;
• LevelMode – method to place stop loss and take profit
• _ClassicLevel – traditional level;
• _AverageLevel – average;
• TakeProfit – initial take profit;
• StopLoss – initial stop loss;
• TrailingStopLoss – enable the trailing function;
• OrdExpiration – order expiration time in minutes;
• Breakeven – enable the breakeven function;
• BreakevenMode – choose the method of breakeven placing:
• _ClassicBreakeven – traditional level;
• _DoubleBreakeven – double level;
• _AverageBreakeven – average level;
• BreakevenStop – profit value to move StopLoss to BreakevenStep;
• BreakevenStep – profit to be protected by a breakeven;
• TrailingMode – select trailing mode;
• _MoneyTrailing – in money;
• _PercentTrailing – % of deposit;
• _VirtualTrailing – virtual;
• _ClassicTrailing – classical;
• _VolatilityTrailing – based on volatility;
• _RewardRiskTrailing – reward / risk ratio;
• _HighLowTrailing – based on high-low values of candlesticks;
• _StopTimeTrailing – smart closure by time of the order is in profit for n seconds;
• _ProfitTimeTrailing – profit trailing by time in seconds;
• TrailingStop – the trailing stop value to move StopLoss by TrailingStep;
• TrailingStep – profit value to protect using trailing stop;
• TrailingStart – % value for VolatilityTrailing and RewardRiskTrailing;
• TrailingTime – trailing value for TimeTrailing and ProfitTimeTrailing in seconds;
• BarCount – number of bars to search for high/low for trailing based on bars;
• DistanceHighLow – distance from high-low for trailing based on bar;
• MondeyStartHour – Monday Start Hour;
• FridayFinishHour – Friday end hour;
• DrawInfo – show information on chart;
• Language – set displayed data language;
• _English – English;
• _Русский – Russian;
• TextColor - text color.