Orion EA uses indicators to enter and exit orders. Giving you the choice of times to open orders. Orion EA works on both 4 and 5-digit quotes. This EA gives you the option of max spread which prevent EA from opening order during high spread. When a opposite signal appears: if there is an open order in profit, then the EA closes it; if the open order is in loss, the EA opens opposite orders. The EA has a Overlap Order option, this gives it the ability to use percentage of profit from the last order to reduces losses. News filter option allows Orion EA to receive a continuous feed from new agent. News filter will stop trades from opening during impact news. Orion EA also has a auto lot which allows EA to increase the lot size according to the amount of balance.

 

 

Input parameters

• Before a high importance news - Time which to stop the EA before high impact news in minutes.
• After a high importance news - Time which to stop the EA after high impact news in minutes.
• Before a medium importance news - Time which to stop the EA before medium impact news in minutes.
• After a medium importance news - Time which to stop the EA after medium impact news in minutes.
• Starts Lots - initial lot size.
• Lot Multiplier - lot multiplier for the second and subsequent orders.
• Max Lot - Maximum lot size.
• Max. Locked Orders - Maximum number of locking orders.
• Grid Step - Minimum distance between orders after the end of locking orders.
• Take Profit, (points) - Take profit in points.
• Stop Loss, (points) - Stop loss in points from the initial order.
• Trail Start, (points) - Trailing start point.
• Trail Distance, (points) - Trailing stop distance.
• Overlap Order - Enable/Disable recovering loss-making orders by the last one.
• Overlap order number - The point from which the EA will start overlapping.
• Overlap percent - The percentage of profit from the last order.
• Distance - The distance between each order.
• Start Time - The time the EA will start working (broker server time).
• Stop Time - The time the EA will stop opening new orders.
• Magic - Unique EA magic number.
• Enable Max Spread - Enable/ Disable.
• Max spread – Maximum spread, at which the EA is allowed to open and close positions
• Autolot - enable/disable auto lot calculation.
• Autolot size - amount of the deposit, on which Lot is to be used when Auto lot is enabled.

 

To enable news filter, tick the open Tools > Options > Expert Advisors. Tick allow WebRequests for listed URL > Add the following: "http://ec.forexprostools.com" and "http://www.worldtimeserver.com" then press OK.