Expert Technical Review
by Alberto Muñoz
- expert rating:
Rated 3 out of 5 stars
How the software works
The Multi-Strategy@FSF EA allows traders to trade several classic strategies using just one Expert Advisor. You can choose among several indicators (Moving Averages, RSI, MACD, Stochastic, Parabolic SAR), set the timeframe for every strategy, filter signals using ADX, Bollinger Bands and Noise Filter, and close trades using several conditions.
Main settable options
The main configurable options of this EA are:
Combo_Trader_Factor: possible values 1 = Use TrendDetect, 2 = Use BBand, 3 = Use both.
USE_MA: Set to True if you want to use Moving Average Cross strategy
USE_Last_MA_Signal: Set to True if you want to use the last signal of Moving Average Cross strategy
MA_MODE: possible values are 1 = FastMA & MidMa Crosses Each Other, 2 = MidMa&SlowMa Crosses Each Other, 3 = 1 or 2 mode happens, 4 = FastMa Crossing SlowMa and 5 = 3 or 4 happens
MA_TIMEFRAME: Set which time frame to use for Moving Average Cross strategy. Possible values: 1 = 1 min, 2 = 5 min, 3 = 15 min, 4 = 30 min, 5 = 1 hour and 6 = 4 hours.
USE_RSI &USE_Last_RSI_Signal &RSI_TIMEFRAME, same as above
RSI_MODE: Possible values 1 = Overbought/oversold, 2 = RSI Trend, 3 = Both 1&2 and 4 = RSI in the zone
MACD_MODE: Possible values 1 = Use trend direction, 2 = Use buy signal in sell zone and sell signal in the buy zone, 3 = Both 1&2, 4 = Signal line crosses zero line
Zerolag_MACD: Set to True if you want to use Zerolag MACD
Classic_MACD: Set to True if you want to use Classic MACD
UseSTOHighLow: Set to True when you want to use Stochastic on Overbought/Oversold Zones
Open_at_newbar: if you set this to True, produced signals will not be traded until the next candle.
Use_Static_Lot: if you want to use static lot not using risk management set this to True.
Risk: Enter Risk parameter. If you set this to 5 it means you want to use 5% of your account balance.
Trenddetect: set this to True if you want to use ADX to detect current trend
Filtering_Noise: set this to True if you want to use Damiani_Volatmetr indicator to filter signals.
NOISE_TIMEFRAME: Time frame for Damiani_Volatmetr indicator (Possible values, 1 to 6, same as above)
Use_BBand: set this to True if you want to use Bollinger Bands on range markets.
Our Technical Verdict
Multi-Strategy@FSF is a great way to start trading using Expert Advisors as it allows new traders understand how automatic trading works at the same time they test very known strategies or a combination of them.
Expert Usage Review
by
- expert rating:
Rated 0 out of 5 stars
User Comments