Popular Posts

Editor'S Choice - 2019

Generic A-TLP: Advisor created by traders for traders

Hello dear colleagues forex traders.

As you know, the most attractive trading robots are commercial advisers. They have beautiful tests, the developers promise you millions of percent of profit and a yacht with beauties. Usually, this is an outright lie, but sometimes you come across really interesting ideas, or a good implementation of classical approaches. This is exactly the example of the Asia adviser, where we met a fresh look at night scalping, which couch experts have been "burying" since 2009.

The idea of ​​this commercial robot was taken as a basis by traders from our forum, completely redesigned, improved and supplemented - as a result, we got an excellent bot created by ordinary traders, such as you and me, to profit from trade (and not from selling the bot to the public) , which has a completely open source code, with jewelry precision selected settings and, of course, absolutely free.


Development team Generic A-TLP

Sergey5 - initiator and project manager

yur4ello - Senior Programmer (Senior Project Programmer)

nixxer - reverse engineering, algorithm expert

master_255 - programming

grabli - programming, testing

Leok - testing

Mamotaro - testing

Old man - decision search algorithm, notation system


Advisor Characteristics

Platform: Metatrader 4
Advisor Version: 11.94.9
Currency pairs: GBPUSD, USDJPY, GBPCAD, GBPCHF, EURGBP, EURCHF, USDCAD, USDCHF
Timeframe: M15
Working hours: Asian session
Recommended Brokers: Alpari (ECN accounts), Roboforex (ECN accounts), TickMill


Installation help

We install the adviser as usual. If this is your first time encountering Forex robots and you have a bunch of questions, download and watch the Forex course on Autopilot.

Attention! In this advisor, the settings significantly affect the trading results; use the recommended set-files (see the archive at the end of this article).


Advisor Strategy

Advisor is a trend scalper. Entrance to the transaction occurs when pullbacks from the main trend. Trend and at the same time channel is the indicator of "Bollinger Bands" (Bollinger Bands). Orders are opened when the channel borders are broken by a certain specified number of points. Orders can be closed by stop loss, take profit, as well as by indentation from the border of Bollinger Bands.
The EA does not use martingale and order grids. It is possible to set time limits for the advisor for each day separately.

The expert is a very reliable and profitable robot, which is confirmed by both tests and results on real accounts.


Advisor work example


Advisor Backtests

Backtests are made for each pair separately, as Metatrader 4 platform does not allow multicurrency tests.

First series of tests done fixed lot. This allows you to evaluate test results without taking into account money management.


Generic ATLP 9.0 2000 2016 EURCHF lot 0.1

Test results are good


Generic ATLP 9.0 2000 2016 EURGBP lot 0.1

The test results are acceptable.


Generic ATLP 9.0 2000 2016 GBPCAD lot 0.1

The test results are acceptable.


Generic ATLP 9.0 2000 2016 GBPCHF lot 0.1

Test results are good


Generic ATLP 9.0 2000 2016 GBPUSD lot 0.1

Test results are good


Generic ATLP 9.0 2000 2016 USDCAD lot 0.1

The test results are acceptable.


Generic ATLP 9.0 2000 2016 USDCHF lot 0.1

Test results are good


Generic ATLP 9.0 2000 2016 USDJPY lot 0.1

Test results are good


The second series of tests is being done. dynamic proportional) lot. This allows you to evaluate the test results taking into account money management.


Generic ATLP 9.0 2000 2016 EURCHF lot MM2


Generic ATLP 9.0 2000 2016 EURGBP lot MM2


Generic ATLP 9.0 2000 2016 GBPCAD lot MM2


Generic ATLP 9.0 2000 2016 GBPCHF lot MM2


Generic ATLP 9.0 2000 2016 GBPUSD lot MM2


Generic ATLP 9.0 2000 2016 USDCAD lot MM2


Generic ATLP 9.0 2000 2016 USDCHF lot MM2


Generic ATLP 9.0 2000 2016 USDJPY lot MM2


Using the EA Analyzer program, we will make a summary statement on tests of all pairs with a proportional lot.


Output: Advisor Generic A-TLP when working with a proportional lot on 8 pairs, it shows a steady increase in profits.

⇒Links to all backtests used in the article (for self-analysis) can be found in the topic on the forum Generic A-TLP.


Account monitoring


Description of settings

  • Magicnumber - magic orders on this currency pair
  • Comment - comments on orders
  • Max_Spread - the maximum allowable spread, with a value of -1.0 is not limited
  • Slippage - slippage
  • Stop_Loss - stoploss
  • Take_Profit - take profit
  • use dynamic TP - includes a dynamic take profit (calculated from the channel width)
  • %% TP of channel width - see the previous paragraph
  • min_TP - minimum take profit
  • use the breakeven transfer - breakeven function switch
  • If the current price is better than the entry price by X points - sets the amount of indentation from price X in points
  • we move the trunk by Y points in profit - the amount of stop loss adjustment in points
  • Channel_Period - period of the channel indicator based on volatility
  • Entry_Break - the size of the indent from the channel walls in pips at the entrance
  • Exit_Distance - the size of the indent from the channel walls in pips to close the order
  • MaxDailyRange - filter value by maximum daily values, affects the frequency of inputs
  • Lots - fixed lot size
  • Auto_Risk - dynamic lot size
  • Min_volatility - minimum volatility
  • Exit_Profit_Pips - value of floating profit, used in output filter No. 2
  • Reverse_profit - value of floating profit, used in output filter No. 3
  • Exit_Minutes -time of existence of an open order, used in exit filter No. 1
  • Time_Profit_Pips - value of floating profit, used in output filter No. 1
  • Filter No. 1 (exit from the transaction) -including filter on exit No. 1: if the order is open for more than Exit_Minutes minutes and floating profit is more than Time_Profit_Pips
  • Filter No. 2 (exit from the transaction) - enable filter on exit No. 2: if the price has exceeded the upper boundary of the channel and the floating profit is more than Exit_Profit_Pips
  • Filter No. 3 (to exit the transaction) - filter on exit No. 3: if the moving average decreases and the floating profit is more than Exit_Profit_Pips
  • Info panel color - sets the color of the information panel

DayOfWeek Filter - filters by the time of work by day of the week

* on the example of monday

are trading on MONDAY? - WELL NO

  • monday_open - opening of trading on Monday (new orders may open)
  • monday_pause_start - beginning of a pause in trading
  • monday_pause_stop - end of a pause in trading
  • monday_close - end of trading on Monday (new orders do not open)

* similarly set the parameters on the remaining days of the week


Attention! Work time filters are configured for recommended brokers! If you want to use an adviser Generic A-TLP on other brokers, it is necessary to adjust the time settings in accordance with the time of the terminal. Recommended brokers have GMT + 3 in summer and GMT + 2 in winter. That is, if for example your broker has GMT + 2 years and GMT + 1 in winter, then the time settings should be reduced by 1 hour.

See here for more details:

How to set the correct GMT offset

What time is displayed in MetaTrader?


Roll Over Filter - rollover filter

  • close transactions in rollover - WELL NO
  • rollover start time - asks the ending hours of trading during the day, with a value of "-1" does not work
  • rollover end time - filter value by maximum daily values, affects the frequency of inputs

It is recommended to use the sets at the end of the article.


Attention! Do not change anything in the parameters of the adviser and use only the recommended values, if you do not exactly understand what you are doing!


Recommended Money Management

A transaction risk of 2 percent of the deposit for each pair is recommended. The lot can be calculated using a special calculator, or simply set the risk level in the parameters of the adviser, and everything will be calculated automatically.


Summary

Advisor Generic A-TLP - This is truly a folk development. When self-interest and greed are not involved in business, when there is enthusiasm and sincere love for one's work, masterpieces are born.

The stability and profitability of trading is confirmed by tests and monitoring on a real account. In the long run, profitability may for some time be in the neutral zone. Also note that the adviser does not trade often.


Important !

For the EA to work correctly, the trading terminal must be switched on from the market opening on Sunday evening until it closes on Friday evening. If you are unable to keep the computer operational 24/5, it is recommended to use the VPS server service.


Download Advisor "Generic A-TLP 11.94.9»

Watch the video: Советник Forex Hunter. Описание (November 2019).

Leave Your Comment