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Samuray

Developed by Kokas

Advanced Expert Advisor that uses Exponential Moving Averages, RSI and Bollinger Bands to produce trading signals.


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(32.80KB) Version 10

Expert Reviewed
Our rating: Rated 3 out of 5 stars
Avg rating: Rated 0 out of 5 stars
TypeEA
PairsALL
Time frames ALL
Test profit -1
Test max drawdown -1
Market sessionsASIA, AMERICA, EUROPE
Required experienceadvanced
CompatibilityMT4
CodeSource Code
Details
LicenseFree
Price0 USD
Price description

Updated: 11/05/2011

Screenshots and Videos

Expert Reviews

Expert Technical Review

How the software works

Samuray EA generates its trading signals using Exponential and Linear Weighted Moving Averages those signals can be filtered using RSI, Bollinger Bands and Moving Averages Angles.

Main Settable Options

The configurable options of this Expert Advisor are:

AutoTrade = true
RecycleProfit = 1000
SecureEquitity = true
MaxTrades = 20 Set to 0 to use Automatic calculation of Maxtrades
AutoMaxTrades = true
PreventPos = 10 Prevents opening a new position if there are others near
UseLongs = true
UseShorts = false
UseSwap = false
InitialStop = 1000 Initial StopLoss Set for every Order
BreakEven = 100 Profit Lock in pips
BEOffset = 10 BreakEven profit capture
TrailStop = 250
SecureOrders = true If set to true only open orders when in profit MinPip
NewAllLocked = false Only open a new order if all previous are locked on profit.
MinPips = 20 Min Profit Pips to open another order (read above)
CloseAll = false Set true to close all current Orders
Magic = 5665 Magic Number of the EA
Lots = 0.01 Lot size when not using MM
MoneyManagement = true Set to true to use Money Management
MaxLotSize = 1.5 Max Lot size when using Money Management
Risk = 15 Risk factor when using MM

RSI Filter Settings
UseRSI = true
RSIPeriod = 7
RSITimeFrame = 0
UpperRSI = 75
LowerRSI = 25

EMA Filter Settings
ShortEma = 19
LongEma = 110 Minimum diference between EMA's that allow opening
MinEmaDiverg = 10
CloseOnEmaCross = false Close all orders if EMA's reverse

Bollinger Bands Settings
UseBollinger = true Turn to true to filter your orders with Bollinger Bands
Bollinger_Period = 20
Bollinger_TF = 60
Bollinger_Dev = 2

Global Settings
TotalStopLoss = 0 Close all Trades if reached this value
GlobalBE = 1000 Lock all positions when reached this value
GlobalBEOffset = 800 Global BreakEven Offset
GlobalTrailStop = 2000
UseReport = false Print Entries on Journal

Settings for Angle
UseAngleFilter = true
AnglePeriod1 = 18
AnglePeriod2 = 114
MinAngleLong1 = 20
MinAngleShort1 = -25
MinAngleLong2 = 10
MinAngleShort2 = -12

Technical Verdict

This is a very advanced Expert Advisor with tons of features including a trailing stop algorithm as well as money management rules. I recommend to test it, but don't expect too much trades as it has a lot of filters.
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User Comments Samuray

rated Rated 0 out of 5 stars by ssrealty2000, 12 May 2011    Useful? 0 0

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