Forex Expert Advisor Nikita MTF
Hello! From the name of the advisor, some have already realized that one of the main functions in it is a multi-timeframe. Nikita MTF is based on the “3 Elder screens” strategy. Only now there is no need to look at 3 different charts; everything is already implemented in the Forex advisor.
In fact, it is technically very simple and everyone will understand it. There are signal indicators with multi-timeframes and all the necessary settings. And there are 3 filters for these signals, also with a multi-timeframe.
Here is a list of indicators that the Nikita MTF Forex advisor works with:
MT4 Signal Indicators:
· FS30_Platinum_2016 1 (Need a license for your account)
· FS30_Platinum_2016 2
MT4 filter indicators:
Standard Forex indicators in the MT4 terminal.
This Forex advisor is distributed free of charge, you can download it below.
Forex advisor Nikita MTF settings:
A few explanations about the settings of the Forex advisor, if it is not completely clear.
Stop loss mode.
1. Place a stop at the minimum/maximum of the current day + the current spread.
2. Places a stop at the minimum/maximum of the current day + current spread + you can add your own value (everything is added).
The breakeven level works this way. After passing the specified number of points, a stop loss is placed at the opening price of the order. The step is how much more the price must move in points for the stop loss to move from 0 to the number of these points.
Waiting for the deal order to close means that only one deal will be opened, ignoring other signals. If you don’t wait, you will react chaotically to signals from the appearance of arrows, even from all indicators.
The rest are probably more or less clear.
MT4 indicators in Forex advisor:
Do not rename the folder with MT4 indicators, copy it entirely.
For my part, I can offer a service for a fee - optimization and selection of profitable settings. Or take full control of the account, periodically changing settings, for profit distribution. It is possible to run an Expert Advisor on my hardware. The maximum risk / drawdown is negotiated, and accordingly the profit. It can be configured for 1-20% risk/drawdown and 10-50% profit per month.
Copyright © 2023 dcforex.ru. All rights reserved