/FALCON_B

Falcon template with Fxtrams functions and traditional entries

Primary LanguageMQL4MIT LicenseMIT

FALCON_B

Designed to work best with Decision Support System developed inside Lazy Trading Project

https://vladdsm.github.io/myblog_attempt/topics/lazy%20trading/

Introduction

FALCON_B is the modified version of The-Falcon:

  • Let robot to log results of the trades to the file
  • Let robot be disabled unless it's flagged to be enabled by external software

Reference

Functionality of this robot is explained in the Udemy course Lazy Trading Part 2: Set up your Trading Strategy Robot

Optimization Method

  1. set up date to be | Start: Today - 3month; End: Today - 1 month
  2. open prices | M15 chart
  3. optimize 4 strategy parameters + stop levels volatility parameters
  4. during optimization set max 10 trades, lots = 0.01
  5. check in the folder TEST file 're-train' which systems need optimization
  6. once optimization parameters are found set date to be | Start: Today - 1month; End: Today
  7. test obtained parameters on independent data, prefer those that have rising tendency...
  8. once parameters are found, store them into the folder 'PARAMETERS' | name file EURAUD_M15.set
  9. deploy parameters in Terminal 1, keep max 10 trades, fixed lot size 0.01
  10. deploy parameters in Terminal 3/4 max 1 trade, lot sizing ON with 1% risk

Disclaimer

Use on your own risk: past performance is no guarantee of the future results!