Advisor Cleopatra
Trading expert Cleopatra is a new product on the financial markets and is a unique development
of our domestic trader. By the way, the author of the expert very often sits out on various Russian-language Forex forums, so every month more and more new improvements appear, buggies are fixed, and most importantly, everything is free!
When faced with the description of the expert, I realized that this is not an expert, but just a harvester! It contains two different types of trading that can be switched between each other. The first is a Martingale and the second is a pyramid. The first option works with orders at a certain distance, and in the second option there are pending orders that form a common pyramid.
Since we are dealing with a typical sophisticated averager, the choice of time schedule and currency pair depends on you. The author recommends euro/dollar, pound/dollar.
To start working with an expert, you need to install it in the Meta Trader 4 trading terminal. To do this, after reading the material, go to the end of the article and download the archive with the advisor and indicator inside. Next, you need to launch the Meta Trader 4 trading terminal and open the data directory in the file tab. Place the indicator in the Indicators folder and the template in the Template folder.
After restarting the terminal, the expert will appear in the list of advisors. To get started, simply drag it onto the price chart. You will see a window with the expert settings, which will be discussed below:
The trading expert has several algorithms for entering and maintaining orders. For example, to enable order tracking (opening) based on the indicator that we installed with the advisor, turn on True in the Vxod_MTS line. In the same block you can change the period of the indicator. To do this, in the Per_MTS line, change the period to the required one. The essence of trading using this indicator is very simple. Buy orders are opened when the indicator line is green.
Sell orders are opened when the line is colored red. The Cleopatra indicator itself resembles a modification of the moving average. If the price goes against us, the averaging mode is activated. The Expert Advisor has two modes: Martingale and Pyramid. To enable pyramid mode, enter 2 in the Method line, and if you leave the martingale, enter 1.
Since the creator is a Russian trader, the names of all settings blocks are made in Russian. In the MartinStep line you can specify the distance between orders in case of a losing position.
The MartinLotExponent line specifies the lot multiplier in case the martingale is triggered. The Martin_TP line specifies the profit in points, and the MartinStopLoss line allows you to set a stop order.
The PiramidStep line specifies the distance for opening the next pyramid order. The PiramidLotExponent function is responsible for the multiplication coefficient of the pyramid lot. To be honest, there are a lot of settings and they are varied. A full description of the settings will be provided with the expert.
The first test was carried out on the euro/dollar currency pair for the period from January 1, 2015 to June 17, 2015. The test was carried out on a five-minute chart, and only the permission to trade using a custom indicator was changed in the settings. The test result is shown in the picture below:
The second test was carried out with the same settings on the pound/dollar currency pair. The test result is shown in the picture below:
On the pound/dollar currency pair, the expert behaved more stable and confident. I would like to note that the number of settings is simply amazing, and if you devote a day to the attention of an expert, you will be able to optimize for yourself a powerful tool that will not forget to thank you in the future. Thanks for your attention, good luck!