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ASELOLE PO STOP LIMIT MULTI SIGNAL HEDGE EA MT4
ASELOLE PO STOP LIMIT MULTI SIGNAL HEDGE EA is an Expert Advisor (EA) designed specifically for use on the MetaTrader 4 (MT4) platform. It is a Forex automated trading EA that enables investors to achieve maximum profit while minimizing risk with varied types of signals. It supports trade with pending orders and stop-limit feature in an effective way, offering a robust and effective solution for automated Forex trading.
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Setting up Signals and Trading Times
- SignalEnabled: SignalA – Main trading signal utilized.
- MagicID: 999 – Order identifier for orders placed by the EA.
- Allow Buy/Sell orders: true – Enable buy and sell orders.
- Reverse Order: false – Do not reverse the direction of trade.
- Use time filter: true – Enables usage of trading time filter.
- Jam_Mulai / Jam_Akhir: 2.0 – 17.0 – Trades from 2:00 AM to 5:00 PM.
- Max Spread: 300.0 – Maximum spread permitted is 30 pips.
- Area PO / Hedging: 300.0 – Hedge or pending order price range: 30 pips.
- Expired Time: 3600 – Orders expire after 1 hour (3600 seconds) if not filled.
- Cut Profit [$]: $1.5 – Close order when profit reaches $1.5.
- Lot Mode: Fix Lots – Runs using fixed lot size mode.
- Fixed Lot: 0.01 – All orders open with lot size 0.01.
- Total Order: 7 – No more than 7 open orders at one time.
- PipStep Averaging: 300 – Grid orders are spaced 30 pips apart.
Lot Management and Lot Increasing Strategies
- Max Lot Increment (Min/Max): 0.01 / 1.5 – Minimum and maximum values for lot increment.
- Use Increment Lot: true – Enable lot size increment function.
- Lot Increment Size: 0.01 – Increments lot size by 0.01 in each step.
- Trailing Start / Step / Stop: 70 / 70 / 40 – Trailing begins after 70 pips, re-calibrates every 70 pips, and trails stop 40 pips away from price.
DDR System & Command Lock Logic
- Use DDR System: true – Activates use of DDR system (advanced logic to close orders).
- Apply After X Orders: 4 – Applies DDR logic after 4 active orders.
- Profit in $: 1.0 – DDR will attempt to close orders when overall profit is $1.0.
- Select TF Indicator: M15 – Symbol timeframe to scan (15-minute chart).
- MA / RSI Timeframes: 300 / 500 / 7 / 14 – Incorporates multi-timeframe Moving Average and RSI signals to respond to.
Sunan Giri Signal & Signal Filters
- Uses Bollinger Bands and Stochastic indicators to generate signals.
- PeriodBB / DevBB: 20 / 2.0 – Bollinger Bands settings: period 20, deviation 2.0.
- KPeriod / DPeriod / Slowing: 5 / 3 / 3 – Settings of Stochastic Oscillator.
- OS / OB: 30.0 / 70.0 – Oversold and Overbought.
- INDI3: Multi TF Stochastic – Uses multi-timeframe Stochastic analysis.
- TF1 / TF2 / TF3: 15min / 30min / 1h – Time intervals used to analyze signals: 15 minutes, 30 minutes, and 1 hour.
Key Takeaways
- ASELOLE PO STOP LIMIT MULTI SIGNAL HEDGE EA is an Expert Advisor (EA) designed for the MetaTrader 4 terminal, therefore suitable for a wide range of traders and market conditions.
- EA is aimed at catching numerous trading signals simultaneously to enable traders to catch various opportunities within the market.
- With inbuilt risk management tools such as Stop Loss (SL) and Take Profit (TP), the EA manages risks adequately even when market conditions are risky.