VR Black Box - always follow the price

Review

VR Black Box is a price tracking trading system. The EA works on the principle that the Price goes up - we buy, the price goes down - sell.

Advantages

• Suitable for both beginners and experienced traders.
• Large selection of settings.
• It works on any timeframe.
• It works on any financial instruments Forex, CFD, Metals, Crypto currency (Bitcoin, Litecoin).
• It is possible to work with other expert advisors or together with manual trading.
• The adviser displays information on profits for the last ten days.
• When testing unplug the monitor profitability it will speed up the test.
• Configure the adviser on demo accounts.
• Optimize the program at least once every 3 months.
• Use timeframes older than 5 minutes.
• Let's increase profits, it will reduce the psychological burden.
• Follow the rules of money management.

Algorithm of operation

The strategy of following the price has a great advantage, namely that the adviser simply follows the price wherever the price goes.

Profitability

Data on profitability is temporarily unavailable

Recommendations

In his trading, he constantly uses Take Profit and Stop Loss. It has a large number of settings.

Settings

• Type Trade - the type of order opening can be as follows:
• Only Buy orders - Trade only buy orders
• Only Sell orders - Trade only sell orders
• Buy + Sell orders - Trade both sell and buy orders
• * Random orders - Trade both buy and sell orders, and the order type is selected randomly.
• ** Global signal - Get the order type from an external program.
• *** Do not trade - control orders-the EA does not trade, only controls open orders
• Type Money Management - the type of lot calculation for the next order and can be as follows:
• Martingale - after each loss, the lot is multiplied by the multiplier Lots settings parameter. after each profit, the lot is set from the StartLots settings parameter.
• Anti Martingale - after each loss, the lot is set from the StartLots settings parameter, after each profit, the lot is multiplied by the multiplier Lots settings parameter.
• Start Lots - Starting lot
• Multiplier Lots - multiplying the lot after each loss or profit, depending on the type Many Management settings parameter
• Maximum Lots - maximum lot Limit
• Take Profit - Setting take profit if equal to 0, then take profit is not set
• Stop Loss - Setting the stop loss if equal to 0, the stop loss is not set
• Trailing Stop - Pulling up the stop loss after the price
• Trailing Step - the Step of pulling up the stop loss for the price
• Break Even - Setting the break-even point. Unlike a trailing stop, the stop loss is placed on the order opening price and is no longer pulled up.
• Magic Number - Unique number of orders in the program
• Slippage - Maximum allowed slippage
• **** Global Order Type - Name of the global variable to receive the signal

* Random orders - unlike other types of opening orders, this type of order is opened randomly, that is, there can be three consecutive buy orders, and then six sell orders. Random orders is essentially similar to tossing a coin in the air. Random trading, unlike other types of trading, is not very predictable.

** Global signal is a unique feature of this expert Advisor. you can use any other program (adviser, indicator, script) to calculate the order opening and pass the VR Black Box to the expert Advisor. To do this, in the signal provider program, you create a global variable and, depending on the conditions, write the value 0 for buying, 1 for selling, and any other value so that the adviser does not open orders and only works with already opened orders. In this case, lots will be calculated by the VR Black Box expert Advisor depending on the specified settings.

*** Do not trade-control orders-in this mode, the adviser works as an assistant, controls, modifies, trawls orders, puts take profit and stop loss. The expert Advisor simply facilitates the trader's work. The program works with the orders whose Magic Number You specified in the settings. If the Magic Number parameter is 0, the adviser controls and modifies orders opened by the trader manually. if the Magic Number parameter is -1, the adviser controls and modifies all orders for the trading instrument on which the adviser is installed, including orders from other advisors. You can specify the Magic Number of another expert Advisor working on the same trading instrument and VR Black Box will control its orders. (There may be a conflict of programs. before working together, test the operation mode on a demo account).

**** Global Order Type-Name of the global variable to receive the signal. In this setting, you need to enter the name of the global variable that will deliver the signal from another program.

Video

Updates

Planned

Rewrite the adviser, port it to MT 5

What's in the archive

The archive contains a file:
VR-Black Box.ex4 for MetaTrader 4

FAQ

Without question.

Reviews and discussions