[ad_1]
General information on ALL settings
All Expert Advisors with the word “Grid” in their name have some basic functionality, which expands as the EA gets more expensive. That is, the more expensive an EA is, the more functionality it has, and the more strategies it can implement.
This documentation is common for all my grid EAs, and it describes most of their differences.
At the moment, the hierarchy of EAs is as follows:
Magic Grid MT4 >> User Grid MT4 >> Elastic Grid MT4
Magic Grid MT5 >> User Grid MT5 >> Elastic Grid MT5 >> Master Grid MT5
There are a lot of settings, but it’s not as complicated as it sounds. The main thing is to understand what you personally want, rather than trying to adjust to what is available by default.
All settings are divided into separate groups, and each of these groups can be configured independently of the others. That said, for some of them, all incoming functionality can be enabled or disabled on a single line.
The more settings, the more strategies the Expert Advisor can implement. Moreover, different strategies can be combined with each other, which enables timely adjustment of the Expert Advisor to the current market situation.
Useful information:
Unfortunately, it is not yet technically possible to sort the input parameters of an EA into thematic roll-out lists. But it is possible to use ready sets of settings, editing and saving them in one file for the future. You can read more about how it works here >>
How to select settings:
There are no Expert Advisors that will always automatically earn for you by default. The settings can be successful for a while, but if you apply them thoughtlessly and for any situation, then one fine day you can drain the entire deposit very quickly … sometimes in a matter of minutes.
A trader who has matured in order to meaningfully use automated trading must definitely learn how to use a strategy tester. It is this feature that allows you to most accurately select settings for predicted situations.
Note: My robots are well optimized to work in the tester, but if speed is really a priority, you need to turn off the display of graphic elements in them.
The settings are not transferred to any separate panels just so that they remain available in the strategy tester.
Additional Notes:
- The default settings in any of my EAs are NOT the best settings! These settings are just for placing the Expert Advisor on the MQL5 marketplace, taking into account the specified restrictions!
- Do not forget that for each of the Expert Advisors there are separate descriptions, in which, among other things, you can find various videos demonstrating their technical capabilities. In this case, there can be several videos. See full descriptions!
- Before using the selected adviser on a real account, it is recommended to practice with its settings on a demo account in order to get a good idea of its reaction to various interventions and not get confused later with it during real trading.
[ad_2]
Source link
