Hot Point AUTO
The EA consists of 100 virtual Prototype-4 EAs with different settings. The outcome of calculations is the resulting lot. The idea behind the virtual strategies is that in case any of the virtual strategies is "wiped", the entire deposit is not, it is only decreased by 1/100, i.e. 1% (when using Risk=5000, VirtualBalance=5000). It is possible to set the lot size to start opening positions, the step and the maximum number of opened lots and positions using the settings of the EA.
The Expert Advisor applies averaging and martingale methods opening positions by trend using several indicators. If a trend moves in the wrong direction, the EA either reverses the position, or closes and remembers it. Later, when a signal occurs, it opens positions stored in its memory.
Recommended: EURUSD, USDJPY, EURJPY, AUDUSD, USDCAD, AUDJPY, GBPCHF, AUDCAD, CHFJPY, NZDJPY, NZDUSD and M15 timeframe.
View answers to frequently asked questions here: FAQ
The EA parameters are specified in relative values, so that there are the same settings for different deposits and Risk parameters.
The real lot = Relative lot*Balance*Value of one point/Risk. This ratio is shown in the information window of the EA.
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