AW_Turtles_EA is a completely automated buying and selling system that works in keeping with the “AW_Turtles” indicator technique. Alerts to enter a place for the time being of breakdown of the assist or resistance degree. The advisor has the flexibility to common, the operate of closing the primary and final orders of the basket, and the operate of computerized lot calculation. There are totally different eventualities for exiting a place utilizing a number of StopLoss, Traling and TakeProfit choices.
Purchase the advisor “AW_Turtles_EA”:
MT4 model
👉 https://www.mql5.com/en/market/product/107027
Consideration! Indicator components are seen provided that the free AW Turtles indicator is operating.
AW Turtles EA makes use of buying and selling capabilities and accesses the built-in indicator to acquire information for buying and selling , the product doesn’t show indicator components. If you wish to see indicator labels, then it’s good to individually load the indicator onto the chart.
When utilizing an advisor and an indicator, you will need to individually configure the indicator constructed into the advisor and the exterior indicator.
Obtain the free indicator “AW_Turtles”:
MT4 model
👉 https://www.mql5.com/en/market/product/60307
MT5 model
👉 https://www.mql5.com/en/market/product/27568
– – –
1) Opening orders
- Without_averaging – When selecting this selection, the advisor won’t use the averaging technique. That’s, just one order might be opened.
- Fixed_Step – This selection will help you use a hard and fast step between opened orders, the adviser will use an averaging technique.
When selecting the “Fixed_Step” choice, within the “Step_strategy” variable, enter the worth for the space between opened orders in a single course, within the “Fixed_step_(if_used)” variable, the step is calculated in factors.
You possibly can regulate the step between orders. The pitch is measured in factors. This lets you make your grid technique roughly aggressive. The smaller the step, the extra usually the advisor’s orders might be opened.
- Step_by_ATR – When selecting this selection, the advisor will calculate the space between orders within the basket primarily based on the volatility calculated by the ATR indicator. This selection makes use of an averaging technique.
When choosing ” Step_by_ATR” enter the coefficient worth for the ATR indicator within the variable “Step_ATR_K“.
The really useful distance worth is not less than each 0.5 ATR.
For instance, the worth on the chosen ATR interval is 600, when utilizing “Step_ATR_K” equal to 0.5, the space might be calculated as follows: 600 × 0.5 = 300, the step between orders might be 300 factors. This worth is dynamic and modifications relying on the present volatility.
As a way to choose one of many described work choices, use the variable “Step_strategy“, within the “AVERAGING_SETTINGS” part
- An order basket may be opened with orders of the identical measurement, or the multiplication operate can be utilized for the orders within the basket.
If “Multiplier” = 1.00, then don’t use a multiplier. If “Multiplier” > 1.00, use the multiplication technique, that’s, enhance the quantity of every subsequent order within the basket.
Utilizing a multiplier will enhance the quantity of every subsequent order by the coefficient that you simply set within the enter variables. This variable means that you can regulate the quantity of opened orders.
The “Multiplier_for_volume“ variable is situated within the enter settings within the “AVERAGING SETTINGS” part .
Consideration! In case you work on extremely risky devices, then don’t set a small step between orders and a big quantity multiplier, as this may result in vital losses in your deposit within the occasion of extended unidirectional market actions.
– – –
2) Closing orders
This advisor has totally different choices for working with TakeProfit, StopLoss and the Trailing operate.
- TakeProfit – the advisor has a built-in digital kind TakeProfit, this TakeProfit is used not for every particular person order, however for a basket of orders in the identical course from the breakeven value. Digital TakeProfit will not be seen to the dealer.
TakeProfit is measured in factors, be sure that the scale TakeProfit was higher than the unfold on the instrument used. The decrease the worth, the quicker the advisor will be capable of shut open positions, however the smaller the revenue from every closing.
When deleting an advisor from the chart, the digital TakeProfit is deleted together with the advisor, since it’s a part of the advisor. Digital TakeProfit is visually seen solely on the chart to which the advisor is hooked up, that’s, it won’t be displayed in a cell terminal, or in a terminal operating in one other location.
TakeProfit when utilizing order baskets, might be calculated from the breakeven value of the whole basket, and never for every particular person order.
Variable “Size_of_Virtual_TakeProfit_(In_points)“ is situated within the enter settings within the “TakeProfit_settings” part.
Establishing the StopLoss technique. You possibly can select your technique from the next:
- Without_StopLoss – When selecting this selection, the advisor won’t use StopLoss. That’s, orders might be closed solely when TakeProfit is reached.
- Fixed_StopLoss_ (From_first_order) – If you choose the “Fixed_StopLoss” choice, enter the worth in factors for StopLoss. The “Fixed_StopLoss” working choice makes use of a digital cease loss from the opening value of the primary order and works for an entire group of orders in the identical course. Digital StopLoss will not be seen to the dealer.
When eradicating an advisor from the chart, the digital StopLoss is deleted together with the advisor, since it’s a part of the advisor. Digital StopLoss visually seen solely on the chart to which the advisor is hooked up, that’s, it won’t be displayed in a cell terminal, or in a terminal operating in one other location.
When selecting the “Fixed_StopLoss” choice, within the “StopLoss_strategy” variable, enter the worth for the space between the opening value and StopLoss for every particular person order, calculated in factors.
- StopLoss_by_ATR – Use StopLoss primarily based on indicator indicators. This selection will not be accessible when utilizing the averaging operate, that means it solely works for every particular person order.
This kind of StopLoss is ready instantly after opening an order for every particular person order. This StopLoss choice is bodily and never digital. That’s, when the advisor is faraway from the chart, the cease loss line will stay on the chart and might be lively for open positions.
When working with the “StopLoss_by_ATR” technique” within the variable “Stop_Loss_ATR_K“, it’s good to set the space primarily based on ATR.
The really useful distance worth will not be lower than 1 ATR.
For instance, the worth on the chosen interval ATR is 600, when utilizing ” Stop_Loss_ATR_K ” equal to 2 , the space might be calculated as follows: 600 × 2 = 1200, this implies the cease loss worth might be equal to 1200 factors. This worth is dynamic and modifications relying on the present volatility.
- Trailing_by_Turtles_middle_line – Use Trailing alongside the center line of the indicator. When opening an order, a bodily cease loss is ready on the center line. This cease loss is ready for every particular person order.
Subsequent, Trailing might be pulled up with the required step within the “Trailing_Step_in_points” variable. The distinction between “ Trailing_by_Turtles_middle_line” and normal trailing is that on this EA, trailing is ready not from the breakeven value, when the worth goes right into a loss, however instantly for the time being the order is opened from the center line value.
That’s, instantly for the time being of opening a market order, Trailing might be set for this order. Trailing strikes StopLoss to comply with the worth when the worth begins to maneuver in the direction of revenue. Motion happens with a step distance in factors, decided by the variable “Trailing_Step_in_points”. Trailing will comply with the worth an infinite variety of instances so long as the unidirectional pattern continues. Every time Trailing might be pulled up after passing the required step worth.
After the worth reversal, Trailing will shut the place with a revenue.
Variable “StopLoss_strategy“ is situated within the enter settings within the “StopLoss_settings” part.
– – –
3) Establishing the built-in indicator
The indicator works in keeping with the Turtle system; entry is made for the time being of breakdown of the assist or resistance degree.
Establishing the indicator for the operation of the advisor is carried out within the enter settings of the advisor.
- Maximum_bars_Turtles – Variety of bars for calculating indicator statistics. A pattern is monitored over a given time interval. Entry is made for the time being of breakdown of the assist or resistance degree from the required variety of bars.
- Period_Donchian – Crucial parameter for organising indicators is the channel interval. Based mostly on the earlier level, the required variety of candles, from the decrease to the higher value degree. On channel breakouts, the built-in indicator receives indicators a couple of pattern reversal.
The decrease the worth, the extra indicator indicators, however the accuracy of the indicators decreases. The upper the worth, the stricter the filtering and the less indicators, however their accuracy is larger.
To configure, it’s good to set values for the “Period_Donchian” and “Maximum_bars_Turtles” variables within the “Signals_Settings” part.
- Period_ATR – Variable required for setting solely when working with the ” StopLoss_by_ATR” or ” Step_by_ATR” operate. Interval adjustment (Common True Vary), default worth is 24.
As this indicator will increase, the advisor will turn into much less delicate, the space for the step or cease loss will enhance, which is essential for devices with elevated volatility. When the indicator decreases, the advisor will react extra sensitively, the step or cease loss may have smaller distances, which is essential for extra aggressive scalping buying and selling.
– – –
4) Extra options
- Automated lot calculation:
The autolot operate is configured by two variables:
The primary variable is “Enable_Autolot_calculation” – allow or disable the operate of computerized calculation of open positions.
The second variable is “Autolot_deposit_per_0.01_lots”. Which means that for every quantity specified on this variable there might be 0.01 heaps for the opening quantity of the primary order.
For instance: your deposit is 1000 {dollars}, within the variable “Autolot_deposit_per_0.01_lots” you specified 1000. Which means that the primary order within the basket of orders might be opened with a quantity of 0.01 heaps, as quickly as your deposit will increase and turns into 2000 {dollars}, then the quantity of the primary order there’ll already be 0.02 heaps within the basket, and so forth, with a deposit quantity of $3,000, the quantity of the primary order might be 0.03.
In case you specified 500 within the variable “Autolot_deposit_per_0.01_lots” and your present steadiness is $1000, then the primary order might be opened with a quantity of 0.02. Additionally, in case your deposit subsequently decreases, the quantity of the primary order may even lower in accordance with the setting.
! When enabling the autolot operate, the “Size_of_the_order” variable won’t work, for the reason that quantity of the primary order might be versatile in accordance with the deposit quantity.
This can be a operate of overlapping the primary order with the final one. This can be a partial closure of a basket of orders in a single course. When utilizing the overlap operate, not the whole grid is closed, however solely the very first unprofitable order. The primary and final orders are closed utilizing the revenue of the latest order from the grid. This reduces the entire variety of orders and in addition reduces the quantity of the open lottage. This kind of closure means that you can partially shut the grid whereas overlaying a smaller distance in factors.
Masking the primary order with the final one works when the whole place is unprofitable. If, when the TakeProfit degree of the primary + final orders is reached, the whole place is in constructive territory, then the advisor won’t overlap, since it’s potential to shut the whole place.
If, when the TakeProfit degree of the primary + final orders is reached, the whole place is within the purple, the advisor will shut the primary and final orders.
To activate the operate, use the “True” mode within the “Use_overlap_last_and_first_orders” variable and enter the specified worth within the “Use_overlap_after_that_number_of_orders” variable, within the “TakeProfit_settings” part.
If the buying and selling day ends, the dealer can disable the flexibility to open new orders. On this case, after finishing the present spherical of orders, the advisor will solely be capable of shut orders, new orders won’t be opened.
When you choose “True” in utilizing the “Allow_to_open_new_orders_after_close” variable, the advisor will open orders after closing the earlier ones. If you choose “false”, the advisor won’t be able to open new orders after closing the earlier ones.
The operate is managed by the variable “Allow_to_open_new_orders_after_close”.
- Limitation for opening orders of the present candle:
Relying on the aggressiveness of the dealer, the potential of opening multiple order per candle may be adjusted utilizing the variable “Maximum_1_order_per_candle”.
When choosing in a variable “Maximum_1_order_per_candle” choice “false” the advisor will open new orders, as quickly because the sign for opening happens, extra orders might be opened. Within the occasion of sharp store flooring fluctuations, this selection may be harmful, since numerous orders may be opened in a short while.
Or for safer work, the advisor can open just one order per candle. This manner, the variety of orders might be restricted; this selection is safer in case of sharp value fluctuations. For this selection within the variable “Maximum_1_order_per_candle” it’s good to choose the “true” choice.
This restrict is ready within the “Protection_settings” part within the “Maximum_1_order_per_candle” variable.
- Limiting the variety of orders:
The advisor has the flexibility to regulate the utmost variety of orders within the basket in a single course. You possibly can set the utmost variety of orders within the basket. For instance, in the event you enter a price of 4, the advisor won’t be able to stretch the grid by greater than 4 orders in a single course. This can be related throughout extended unidirectional market actions.
To configure, go to to the “Protection_settings” part and regulate the “Maximum_number_of_orders” variable “ .
– – –
5) Graphic components
Graphic components include a panel, textual content labels with details about the present steadiness and fairness, and textual content labels when opening and shutting orders indicating revenue.
1) Advisor panel – situated within the higher left a part of the display screen. This association is most handy if in case you have an advisor and the “AW_Turtles” indicator operating, for the reason that indicator panel might be situated underneath the advisor panel.
- On the high proper of this panel there’s a button to reduce the panel. Clicking on it’s going to decrease the panel as proven within the picture above.
- The higher a part of the panel shows revenue information for present positions in cash.
- This panel additionally comprises details about swaps, spreads and drawdown percentages.
- On the backside there are buttons for closing Promote and Purchase orders. Their work is proven within the picture above.
- If buying and selling will not be allowed or the markets are closed, the panel body will flip purple and the inscription “Trades_are_not_allowed” will seem on the backside. That is proven within the picture above.
2) The higher proper nook of the display screen shows details about the present steadiness and fairness. When testing the product, details about the beginning steadiness may even seem on this half.
3) Moreover, on the chart, in the course of the operation of the advisor, marks are displayed when opening and shutting positions indicating revenue, in addition to marks in regards to the location of breakeven, take revenue, cease loss, and so forth.
– – –
6) Enter settings
MAIN_SETTINGS – Setting volumes for opening positions.
Size_of_the_first_order – Quantity to open the primary order. Used if “Enable_Autolot_calculation” is disabled.
Enable_Autolot_calculation – Use computerized lot calculation. This operate means that you can save danger settings when altering the deposit. In case you use auto lot, then ” Size_of_the_first_order” will not be used.
Autolot_deposit_per_0.01_lots – Deposit quantity for each 0.01 when utilizing autolot.
SIGNALS_SETTINGS – Settings of the built-in indicator.
Period_Donchian – Channel interval. Based mostly on the earlier, specified variety of candles, from the decrease to the higher value degree. On channel breakouts, the built-in indicator receives indicators a couple of pattern reversal. The decrease the worth, the extra indicator indicators.
Maximum_bars_Turtles – Variety of bars to calculate indicator statistics.
Period_ATR – Interval adjustment (Common True Vary). Default worth is 24. Solely used for calculating step and cease loss primarily based on ATR.
AVERAGING_SETTINGS – Establishing the averaging and animation capabilities.
Step_strategy – Choose the technique for the space between opened orders. Accessible choices to select from:
- Fixed_Step – Use a hard and fast step between opened orders, use an averaging technique.
- Step_by_ATR – Use a step between orders primarily based on volatility calculated by the ATR indicator.
- Without_averaging – Don’t use the averaging technique.
Fixed_step_(if_used) – When selecting the ” Fixed_Step” choice, within the ” Step_strategy ” variable, enter the worth for the space between opened orders in a single course.
Step_ATR_K – When working with the “Step_by_ATR” technique within the “Step_strategy” variable, you will need to set the space primarily based on ATR. The really useful distance worth is not less than each 0.5 ATR.
Multiplier_for_volume – Multiplier for orders. Every subsequent order opened by the advisor within the order grid might be higher than the earlier one by a given coefficient. Related when working with the usage of an averaging technique.
TAKE_PROFIT_SETTINGS – Establishing TakeProfit and overlap to shut positions.
Size_of_Virtual_TakeProfit_(In_points) – Calculated for the present group of orders primarily based on the breakeven value.
Use_overlap_last_and_first_orders – Use the overlap of the primary order with the final one.
Use_overlap_after_that_number_of_orders – Use overlap after this variety of open orders.
STOP_LOSS_SETTINGS – Establishing the StopLoss operate and Trailing.
StopLoss_strategy – Choose the StopLoss technique.
- StopLoss_by_ATR – Use StopLoss primarily based on indicator indicators. This selection will not be accessible when utilizing the averaging operate
- Fixed_StopLoss – Use a hard and fast StopLoss for a gaggle of orders, calculated from the worth of the primary order. That’s, the whole basket of orders might be closed when this worth is reached in factors from the very first order of the present course.
- Without_StopLoss – Operation mode with out utilizing StopLoss.
- Trailing_by_Turtles_middle_line – Use Trailing alongside the center line of the indicator. When opening an order, a cease loss is ready on the center line, then Trailing might be pulled up with the required step specified within the “StopLoss_by_ATR” variable.
Fixed_StopLoss_(if_used) – Enter the worth in factors for StopLoss for every particular person order. Used solely when working within the ” Fixed_StopLoss_(if_used)” mode.
Stop_Loss_ATR_K – Enter the coefficient for calculating the space of the StopLoss degree, in factors. Applies if the ” StopLoss_by_ATR” working choice is chosen. The really useful distance worth will not be lower than 1 ATR.
Step_for_trailing_from_middle_line – Specify the space in factors after which the trailing will transfer following the worth. Applies if the ” Trailing_by_Turtles_middle_line” operate is lively.
PROTECTION_SETTINGS – Adjustment of protecting capabilities when opening positions.
Maximum_slippage_in_points – Most allowed slippage in factors for opening and shutting orders.
Maximum_spread_in_points – The utmost allowed unfold for opening orders.
Maximum_number_of_orders – The utmost allowed variety of orders of the identical kind.
Maximum_size_of_orders – Most quantity for one order. Measured in heaps.
Maximum_1_order_per_candle – Open just one order per candle, related for sudden value actions. In case you disable the operate, the advisor can commerce extra aggressively with out utilizing a filter and can be capable of open multiple order for the present candle.
ADVISOR_SETTINGS – Establishing graphical capabilities and fundamental capabilities of the advisor.
Orders_Magic_number – The primary identifier of the advisor’s orders. Used primarily to establish orders.
Comments_of_the_EA’s_orders – Feedback for the EA’s orders.
Allow_to_open_OP_BUY_orders – Permit the advisor to open orders of the OP_BUY kind.
Allow_to_open_OP_SELL_orders – Permit the advisor to open orders of the OP_SELL kind.
Allow_to_open_new_orders_after_close – Permit or prohibit the advisor from opening new orders after closing the basket. Disabled opening is helpful whenever you plan to disable the advisor in order that it may well end working with the present group of orders.
Show_panel_of_advisor – Means to indicate or conceal the advisor panel.
Font_size_in_panel – Regulate the font measurement on the panel.
Profit_text_write – Regulate the font measurement on the chart, when displaying revenue, when closing positions.
NOTIFICATIONS_SETTINGS – Part for organising notifications when closing orders.
Send_push_notifications_when_close_orders – Permit sending notifications to the cell model of the terminal. Letters are despatched when orders are closed.
Send_mails_when_close_orders – Permit sending emails to the person’s e-mail tackle. Letters are despatched when orders are closed.
Send_alerts_when_close_orders – Permit sending pop-up notifications on the person’s terminal. Alerts are despatched when orders are closed.
Purchase the advisor “AW_Turtles_EA”:
MT4 model
👉 https://www.mql5.com/en/market/product/107027
AW Buying and selling Software program
Telegram channel: https://t.me/AWSoftware
