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Project Phoenix manual – Trading Systems – 5 May 2022

by admin
May 5, 2022
in Forex
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Venture Phoenix buying and selling robotic utilizing in his work wave evaluation and buying and selling utilizing the idea of wave motion of the market

Here’s a extra detailed evaluation of the enter parameters, which require rationalization:

Your dealer GMT, hour – exhibits your dealer’s GMT as a shift in hours from the server time, the time on dealer’s server from Greenwich Imply Time

g

g2

When a buying and selling advisor is put in on a chart, it would wait. Relying on the supply of buying and selling situations, there could also be no transactions from just a few hours to some days. That is liable for

Begin of buying and selling inside the present wave is a crucial parameter for the beginning of buying and selling. Because the Skilled Advisor trades in waves, it doesn’t begin buying and selling from anyplace, however waits for the beginning of a brand new wave. Nonetheless, this will take a very long time, and when the consumer has put in the Skilled Advisor and a brand new wave has already began, it would look forward to its finish earlier than it begins buying and selling. This setting permits the consumer to begin buying and selling instantly, inside the present wave.

There’s a alternative of two choices from the record:

Instantly – begin buying and selling instantly, inside the present wave

Wait new wave – look forward to a brand new wave to begin buying and selling

Please observe that essentially the most right alternative is to attend for a brand new wave, since there’s a probability that you’ll launch the Skilled Advisor instantly and you’ll be on the finish of the wave, and if the restrict order is triggered, it could shut with a loss initially of a brand new wave.

This parameter is simply specified as soon as. And it doesn’t have an effect on the work of the EA sooner or later. 

Deviations, % – the parameter for adjusting deviations for setting restrict orders from the present value, it’s potential to set from 25 to 100 factors (from 1 to three%)

Danger, % – threat per order, if the Auto lot automated calculation is enabled

Lot coefficient – coefficient for the lot calculation when the Auto lot is enabled (from 0 to 1)

method for calculation of heaps at automated calculation:

Lot = 0.01 * Lot coefficient * Danger * AccountEquity / Margin



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