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UniZigZag EA

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by , 08-07-2023 at 01:41 AM (261 Views)
      
   
The copy of post #31 (about the settings and how to install):

Quote Originally Posted by newdigital View Post
I installed UniZigZagTrader_v1.4 600+ EA (just to check how it works for example).

UniZigZagTrader_v1.4 600+ EA is on this post. This is the updated EA with the set file (with the settings) which uses the UniVolumeDelta levels breakout like a trigger.

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How to Install (step by step)

  • UniZigZagTrader_v1.4 600+ EA is on the post #1307 with set file (the settings) for EUR/USD M5 timeframe (or we can use UniZigZagTrader_v1.4 eurusdm5 600+ EA with default settings) and with the following indicators:
    - UniVolumeDelta_v1.6ea 600+ indicator from post #1307
    - UniZigZagChannel_v2.3ea 600+ indicator from post #4

Installation:
  • compile UniZigZagTrader_v1.4 eurusdm5 600+ EA, UniVolumeDelta_v1.6ea 600+ indicator and UniZigZagChannel_v2.3ea 600+ indicator in MetaEditor;
  • place unizigzag14_eurusd_m5.tpl file in template folder;
  • open EURUSD chart M5 timeframe, right mouse click on any space of the chart - Template, select unizigzag14_eurusd_m5 template by name and apply.

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If we did this installation in right way so the EURUSD chart will looks like that:

...

EA with indicators and template are attached to this post (in zip archive): post #31

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By the way, according to the post #4 - we can play with RiskFactor.
RiskFactor = 0 by default in this settings, but we can use 0.05 value (proposed by Igorad), or we can insrease this value for example.

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The only problem with this EA may be the following: big floating drawdown on open trades.
Anyway - we will see ..
The broker deleted some part of the history from the account so it is not very representative data.
Slowly going but profitable anyway:

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