Description
Professional level-based application optimized for EURGBP and NZDUSD
Unlike classic systems that follow price, it only places entries at predefined levels above and below a Price that you set. This reduces excess activity and ensures placement only where you choose.
Key differences:
Smart Filter: Does not place entries if the market condition value is above the threshold. Helps during news periods and the 22:00-00:00 timeframe. Unique 10.5 format = 10 units + 5 sub-units.
Value TP/SL: Closes each position individually when net result reaches X or Y. Calculates commissions and swaps.
Global Protection: Closes the entire set if total floating result exceeds your threshold. Safety control for account balance.
Controlled Maximum: Set 0 = no limit. Set 5 = maximum 5 levels active.
Level Control: Never places 2 entries on the same level. Each step is unique.
Suitable for EURGBP, NZDUSD and other symbols with reduced volatility
Parameter List
Step
Distance in units between one level and the next. It places a new entry only when price has moved at least this amount from the last level.
Lots
Fixed size used for every entry placed by the system.
Take Profit
Closes the single position when net result reaches this amount in account currency. The calculation includes commissions and swaps.
Stop Loss
Closes the single position when net result reaches this amount in account currency. Set to 0 to deactivate.
Price
Central level of the system. Above this level it only places Sell entries, below it only places Buy entries.
Close By Equity
Global control. Closes all positions if the total sum of profit, swaps and commissions reaches the specified negative value. Set to 0 to deactivate.
Max Orders
Maximum number of positions it can maintain at the same time. Set to 0 for no limit.
Max Spread
Maximum allowed market condition value to place new entries. Format pips.points: for example 10.5 means 10 units + 5 sub-units. If current value exceeds this, no new entry will be placed. Set to 0 to deactivate the filter.
Magic ID
Unique identifier used to recognize entries placed by this instance.
Trade Comment
Text inserted in the comment field of every entry placed by it to identify it in history.
