Dealers Trade v7.91 Zero Lag MA CD

Related: Partial Close Multi TP Manager for MetaTrader 5 - another powerful expert for MetaTrader 5 traders.

A further development of the Zero Lag MA CD indicator.

Also recommended: Strategy Tester Report Parser for Deals and Trades - similar expert with strong performance on MetaTrader 5.

This version uses the Zero Lag MA CD instead of the standard MACD (Moving Average Convergence/Divergence, MACD).

When the number of positions increases, the following parameters are also increased: step between positions, lot size, and take profit (Martingale).

Position Volume Management:

- The initial lot can be specified manually.

- The initial lot can be calculated as a risk percentage of the free margin.

- As the number of positions increases, each subsequent volume is multiplied by a coefficient.

You can also limit:

- The maximum number of open positions.

- The maximum lot.

What's New:

- With the increase in the number of positions, the step between positions and the distance of take profit are increased.

- If a signal emerges and the number of positions is equal to the limit, one more position is opened, and at the next tick (if there is a signal to open a position), the most losing position is closed.

Protection of Profit: If protection is enabled and the total profit of all positions is greater than the specified value, and the number of positions is greater than or equal to the protected amount, the most profitable position is closed. For example, with a total profit of $52 and four open positions, the protected amount is set to 3, so one position can be closed, ensuring a minimum of three positions remain open.

Input Parameters:

- Lots (if <= 0, use 'risk') - Position volume (if <= 0.0, lot will be calculated using the 'risk' parameter).

- Stop Loss (in pips) - Stop loss value.

- Take Profit (in pips) - Take profit value.

- Trailing Stop (in pips) - Trailing value.

- Trailing Step (min value = 1, in pips) - Trailing step value.

- Risk in Percent for a Deal from Free Margin - Risk per trade as a percentage of free margin.

- Max Open Positions - The maximum number of open positions.

- Interval Between Positions - The distance between positions.

- Coefficient Interval Between Positions - Multiplier for the step between positions.

- Coefficient Take Profit - Multiplier for the take profit step.

- Min Profit. Close Max Profit Position - Minimum profit at which the most profitable position will be closed.

- Account Protection. If 'true', close max profit position - Protecting profit at which the most profitable position will be closed.

- Number of Open Items if 'Account Protection' = 'true' - The number of positions to protect.

- Reverse Condition - Reversing signals.

- MACD: Fast EMA Period

- MACD: Slow EMA Period

- Max Volume of Position - Maximum allowed position volume.

- Lot Coefficient - Lot multiplier, which increases with the number of open positions.

Example of tests in the every tick mode on the H1 timeframe with an initial deposit of $50000 (with default inputs).

You may also like: Programmatically Attach Expert Advisors with Custom Inputs to MetaTrader 5 Charts - excellent alternative for expert users on MetaTrader 5.

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• This tool is provided for educational and testing purposes only.
• Past performance does not guarantee future results.
• Trading involves substantial risk of loss. Use on a demo account first.
• Results may vary depending on market conditions, broker, and settings.
• We recommend thorough backtesting and forward testing before using with real funds.