Category:
Activation limits:
Hardware 2
Real 5
Demo 5
Published: 03.01.2021

Long Term Strategy Trading Advisor

Long Term Strategy is a fully automatic Expert Advisor.

The advisor can be used on large investor accounts without fear of draining the deposit, as the adviser uses safe money management strategies.

The Long Term Strategy Expert Advisor is a multi-level trading system based on the CCI, RSI, MA, ATR indicators.

Thanks to the list of these indicators, the advisor determines the exact zones for entering the market and monitors the current trend and market conditions.

Long Term Strategy EURUSD for MetaTrader 4 is a forex advisor with a stop loss, the size of which you can change while testing and optimizing your strategy.

Trades are opened only following the trend, based on the Moving Average indicator readings. Most of the strategy’s trades are closed before the designated stop loss and take profit.

Advantages of the advisor:

It is easy to check on the indicators of the volume of transactions, they do not have sharp jumps.

When the global trend changes and there is a position, the advisor closes trades without waiting for the full number of stop loss points

The EA has several entry points, which helps to determine the most accurate zones for entering the market. At the time of tracking the position, the advisor can close the deal partially or exit without loss.

Currency pair: EURUSD, GBPUSD, USDJPY.

Time Frem: M15

Money management: fix. lot, autolot. Recommended deposit from $ 100. Fixed stop loss for every trade.

When the global trend changes and there is a position, the advisor closes trades without waiting for the full number of stop loss points.
The EA has several entry points, which helps to determine the most accurate entry zones. When receiving a profit, the advisor can close the deal partially or go to breakeven

 

If the EA does not open trades in the tester, check a few settings:

1.there must be permission to open trades, Allow_Sell_Position = true and Allow_Buy_Position = true
2.MaxSpread – maximum spread for opening orders. If this indicator is exceeded, a new order will not be opened. If your broker’s spread is more than 30 pips for a 5-digit broker (I set 30 as the default), change this value because no orders will be opened.
3.When choosing a new trading pair, do not forget to indicate the name of the pair in the Trading Symbol setting (EURUSD is indicated by default, for example, if you want to put the advisor on the pound, write it in the Trading Symbol setting – GBPUSD)

Input parameters

Prefix– if your broker has a prefix before the word EURUSD (for example m.EURUSD, Prefix = m.), Write it in this column. If not, then leave the field blank.

Suffix – if your broker has a suffix after the word EURUSD (for example EURUSD.mn, Suffix = mn.), Write it in this column. If not, then leave the field blank.

TimeFrame – selection of a timeframe, when setting current, the chart period for which the advisor will be installed will be used. It is recommended to use TF M15.

TakeProfit_Pips – take profit in pips.

StopLoss_Pips – stop loss in pips.

Breakeven – the number of profit points when the position is moved to breakeven.

Breakeven_Level – the level after which the position will be modified to breakeven.

Stop_if_changd_trend – drawdown in points for closing Buy and Sell orders when the signal changes.

Allow_Sell_Position – allow opening sell positions.

Allow_Buy_Position – allow opening buy positions.

Use_vizual_SL – the ability to enable / disable the virtual stop loss.

Risk management

FixedLot – trade only with a fixed lot, set 0 to disable.

Auto_Lot_Depending_Balance (ALDB) – with a deposit of $ 1,000 and ALDP – 1 lot 0.01, with ALPB – 2, lot 0.02. Further, the lot will increase based on available funds, that is, with a deposit of $ 5,000, and ALDB – 10 lot will be equal to 0.5

Rec_Deposit – true / false – increase in the lot of the next deal when receiving the s / l.

Indicator settings

Moving Average – indicator period value.

MA_F1 – Primary trend filtering.

MA_F2 – Secondary trend filtering.

Commodity Channel Index – indicator period value.

Commodity Channel Index Filter – CCI indicator filter.

Percent Range – value of the indicator period.

Percent Range_F1 – primary filter of the RSI indicator.

Percent Range_F2 – secondary filter of the RSI indicator.

PR_F_CL – RSI indicator filter for closing positions.

Average True Range – value of the indicator period.

VolatilityValueFilter – volatility filter.

Filter_CL_Pips – position closing filter.

Broker control

MagicNumber– magic number of the order.

MaxSpread – maximum spread for opening orders. If this indicator is exceeded, a new order will not be opened. If your broker’s spread is more than 30 pips by 5 (30 pips is the default), change this value as orders will not be opened.

Open_Slip – allowable slippage when opening.

Close_Slip – allowable slippage when closing.

Requote_Control – the allowed number of requotes.

PanelShow – opening / hiding information about balance changes.

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