Introduction

Clown Adviser - a simple,flexible and powerful Forex robot. Don't judge this 'clown' by looking at it's face only...behind the scene it can do more then you think of! Entry signal decisions made with the popular standard indicators Relative Strength Index and Money Flow Index. Three different types of order entries with pending stops, 1 - Single entry with pending stop order above or below price direction, 2 - OCO (one cancel the other) mode with pending stop orders on each side of the price, 3 - Martingale type averaging or just a single pending stop order with stop loss and take profit. 

Do not use together with other expert advisers on same account as the adviser depending on the whole equity alone if martingale used, else it works fine with others to! Trading multiple charts with Clown Adviser alone on same account is fine. It's queue system make sure all trades on one chart is closed before processing new signals on other charts. 

Supported currency pair: EurUsd only!

You find latest updated set files HERE

Demo signal: https://www.mql5.com/en/signals/633119

Features

• Works on any account type, time frame and currency pair, preferable low spread.
• No hedging
• Queue system if more then one chart traded on same account
• Money management
• Pending stops and market orders
• Martingale or regular pending stop orders with stop and take
• 4-5 digit brokers
• Deposit from $200 for standard accounts - $20 for cent accounts
• Deposit may vary depending on type of entry orders, with or without martingale so please test this first
• Turbo trading - (Martingale mode) Increase performance but also much more risky
• Weekday manager 
• Default settings ready to be deployed on EurUsd M15
• Default settings with martingale enabled

Setting/inputs

• Money management - Fixed initial lot or risk based on account percentage
• Auto magic - Automatic assign of magic number for each new symbol, or define your own
• Slippage - Maximum allowed price slippage
• Spread filter - Maximum allowed order spread
• Turbo mode - Increase performance (only in martingale mode)
• Take profit - Desired order profit in pips
• Stop loss - Desired order stop loss in pips (Martingale mode set to 'false')
• Distance - Pending stop order entry distance from price in pips
• Pending expiration in hrs - Pending stop orders expiration set in hours
• OCO mode - One cancel the other(If one pending stop order get hit the other automatically deleted)
• Use martingale - True/false(True=Averaging, False= Stop & Take orders)
• Order distance - Distance in pips between orders in martingale series
• Lot exponent - Exponential double of initial lot (Martingale)
• Maximal open orders - Maximum allow open orders (Martingale)
• Close all when max orders reached - When maximum reached without take profit all closes in loss
• Equity risk stop - only for use with martingale
• Equity risk percentage - Desired percentage risk
• Print journal events - Allow messages in journal
• Indicator values - Relative Strength Index
• Indicator values - Money Flow Index
• Indicator values - Stochastic Oscillator 
• Weekday manager - Trading M-S on/off, start/stop hour