03.07.2008 - MetaTrader LR-Channels Indicator We would like to present you the indication that which at a given sample determines all possible channels of linear regression and chooses channels with minimal and reducing deviation..
WHAT IS A COMPLETE, MECHANICAL TRADING STRATEGIES?
One of the problems with Katzs early trading was that his system only provided entry signals, leaving the determination of exits to subjective judgment; it was not, therefore, a complete, mechanical trading system. A complete, mechanical trading system, one that can be tested and deployed in a totally objective fashion, without requiring human judgment, must provide both entries and exits. To be truly complete, a mechanical system must explicitly provide the following information:
1. When and how, and possibly at what price, to enter the market 2. When and how, and possibly at what price, to exit the market with a loss 3. When and how, and possibly at what price, to exit the market with a profit
The entry signals of a mechanical trading system can be as simple as explicit orders to buy or sell at the next days open. The orders might be slightly more elaborate, e.g., to enter tomorrow (or on the next bar) using either a limit or stop. Then again, very complex contingent orders, which are executed during certain periods only if specified conditions are met, may be required-for example, orders to buy or sell the market on a stop if the market gaps up or down more than so many points at the open.
Algorithm: Scalper operates on the basis of finding the optimal channel on timeframe Р 15 and definition of orders from the found channel"s confidence intervals. Unlike most scalpers, TakeProfit and StopLoss are not fixed and depend on channel"s width and angle of slope. We also developed special library scalper.dll, which finds the optimal channel. It performs complex iterative calculations of channel with the least and decreasing mean-square deviation in channel. This channel defines the most probable corridor of price movement. We also revealed the most acceptable trade hours for each pair on the basis of the researches of dependence of volatility market on time. Several closely correlated currencies pairs were chosen to work with, and the Expert Advisor was adapted to work on these pairs. It allows to lower drawdown and thereby gives an opportunity to use integrated system Money management very efficiently, with higher %.
Developers: This Expert Advisor is the teamwork result of BJF Trading Group and SLP Trading companies. It took our mathematicians and programmers over a year to develop the product. The idea of creation of scalper on optimal channel was born long time ago
however we have experience some technical difficulties before we find the way to develop this product. We needed decisions allowing to optimize complex iterative calculations ; In order to fulfill the given task we organized department of programmers and the best mathematicians, who developed computer-aided design system for European companies.
EURGBP Demo account monitoring:
Video - MetaTrader Expert IntellectualPro principle explanation
Due to the world crisis circumstances major brokers had temporarily widened spreads. From our conversation with the broker representative we assume that this measure is temporarily. We would like to stress that this change can influence the efficiency of some of the advisers for the period of time when the spreads stay widened.
Due to the world crisis circumstances major brokers had temporarily widened spreads. From our conversation with the broker representative we assume that this measure is temporarily. We would like to stress that this change can influence the efficiency of some of the advisers for the period of time when the spreads stay widened.
1125 USD
SWREG, Inc is owned by Digital River, a trusted publicly traded company in the United States
MetaTrader Expert Advisor
Forexy
rating
Recommended brokers: Alpari, MIG Invest, Fibo group, ATC FX Pro and etc. with EURGBP spread 2 pips or smaller.
