Realised Price Action Project EA

Discussion in 'Requests for joint purchases' started by Donpelotas, 14 July 2020.

  1. Donpelotas

    Donpelotas Member

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    #1 Donpelotas, 14 July 2020
    Last edited by a moderator: 14 July 2020
    This is a new released EA of the same author of Candelabrum, True Range, River and others. Price is very affordable $50 with 5 activations, so it would result in a very low price for a joint purchase if there is interest. Below the information of the EA.

    Price Action Project
    Indicator-free Price Action trading system. 10 free sets included.

    Long-term strategy based on trends and patterns with full risk control. Dangerous & risky trading not used.



    Price Action Patterns

    • Bar Outside
    • Bar Pin
    • Three Bars
    • Three Inside (being tested & optimized)
    • Morning/Evening Star (being tested & optimized)
    • Bar Power (being tested & optimized)


    Features

    • Pending orders
    • Calculated pattern based SL & TP levels
    • Manual/Auto/Risk volume
    • Hard/Trailing stop
    • Split system
    • Saving/Restoring data
    • Fibonacci levels
    • One pattern per chart
    Optimization

    • Broker: Forex Chief
    • Backtest quotes quality: 99%
    • Period: 2014-2020
    • Max. balance DD: 5%
    • Min. profit factor: 1.5
    Monitoring

    Recommendations

    Set files

    Input parameters

    • Magic - magic number
    • Comment - comment
    • Slippage - max slippage, point
    • Lot Max - max volume of every position, lot
    • Spread Max - max allowed value of the spread for opening / modifying / closing a position, point
    • Range Min - min allowable size of a model, point
    • Range Max - max allowable size of a model, point
    • File Name - data storage file name, must be different for each chart, if empty the name will be automatic (path C:\Users\[UserName]\AppData\Roaming\MetaQuotes\Terminal\[Terminal]\MQL5\Files\[filename.bin])
    • Timeframe - timeframe
    • Direction - allowable positions type
      • LongAndShort
      • OnlyLong
      • OnlyShort
    • --- Volume ---
    • Volume Type
      • LotManual - based on Lot Main
      • LotRisk - based on Factor Risk
      • LotAuto - based on Factor Auto
    • Lot Main - main lot (valid with LotManual / LotAuto), lot
    • Factor Risk - max allowable loss for each position in % of AccountBalance (valid with LotRisk), %
    • Factor Auto - account funds per each Lot Main value, lot = ACCOUNT_BALANCE / Factor Auto * Lot Main (valid with LotAuto), $
    • --- Levels ---
    • Takeprofit - takeprofit, %
    • Stoploss - stoploss, %
    • --- Time ---
    • Hour Start - hour to open a position, hour
    • Hour End - hour to stop opening a position, hour
    • Hour End Friday - hour to stop opening a position on Friday, hour
    • --- Patterns ---
    • Pattern Bar Outside
    • Pattern Bar Pin
    • Pattern Three Bars
    • --- Pattern Settings ---
    • Trend Period - trend period, bar
    • Trend Ratio - trending bars ratio, %
    • Bar Period Pending - pending order time, bar
    • Bar Ratio - body to size ratio, %
    • Bar Close - close to size ratio, %
    • Bar Period Avg - period to calculate an average size, bar
    • Bar Ratio Avg - signal bar to average size ratio, %
    • Pattern Close - close to pattern size ratio, %
    • --- Active Stoploss ---
    • Stoploss Type
      • Regular - hard stoploss
      • Trailing - trailing stop
        • Trail Start - start level of trailing stop, %
        • Trail Stop - distance of trailing stop, %
    • --- Split ---
    • Split - enable/disable
    • Split Start - start level of Split mode, %
    • Split Step - step of Split mode, %
    • Split Lot - percent of the remaining order volume closed at each step, %
    • --- Graphics ---
    • Color Buy - Buy levels color
    • Color Sell - Sell levels color
    • Display Trades - enable/disable to display the trades

    Follow/Join


    Sellers website: https://www.mql5.com/en/market/product/52164#!tab=overview

    https://clubbingbuy.com/threads/price-action-project-ea.3234/
     
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