Introduction The Supertrend Multi-Foreign money EA is designed to commerce based mostly on the Supertrend technique, a well-liked trend-following instrument that makes use of volatility and value motion to determine entry and exit factors. The EA provides customizable Supertrend settings, permitting customers to fine-tune the interval, multiplier, and timeframe for optimum buying and selling in numerous market circumstances. With extra superior options like grid restoration, hedging, and martingale methods, this EA offers sturdy commerce administration and suppleness for multi-currency buying and selling.

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Options Overview

• Multi-Foreign money Buying and selling
  • Commerce and monitor a number of forex pairs concurrently.
  • Instance: EURUSD, GBPUSD, USDCHF.
• Supertrend Technique
  • Entry and exit circumstances based mostly on customizable Supertrend parameters.
  • Versatile settings for interval, multiplier, and timeframe.
  • You will discover the detailed technique right here
• Restoration Methods
  • Grid Restoration: Provides trades in a grid sample to get well losses.
  • Hedge Technique: Opens counter trades to handle danger.
  • Martingale Technique: Will increase commerce dimension progressively to get well losses.
• Versatile Filters
  • Day Filter: Allow or disable buying and selling on particular weekdays.
  • Time Filter: Outline lively buying and selling hours to swimsuit market circumstances.
• Place Sizing
  • Dynamically calculate lot sizes based mostly on danger or fastened lot settings.
• Alerts and Notifications
  • Obtain notifications for vital buying and selling occasions by means of platform alerts or e-mail.

Enter Parameters

Core Indicator Settings

• Supertrend Timeframe:
  • Choose the timeframe for Supertrend calculation.
  • Default: PERIOD_CURRENT .
• Supertrend Interval:
  • Defines the interval for calculating the Common True Vary (ATR) for Supertrend.
  • Default: 10 .
• Supertrend Multiplier:
  • Units the multiplier for ATR to regulate the space of the Supertrend from value.
  • Default: 3.0 .

Multi-Foreign money Settings

• Pairs:
  • A comma-separated listing of forex pairs to observe and commerce.
  • Instance: EURUSD, GBPUSD, USDCHF .

Group Cease-Loss/Take-Revenue Settings

• Group Cease-Loss (in Foreign money):
  • Shut all trades if the mixed loss throughout all pairs reaches this worth.
  • Default: -100.0 .
• Group Take-Revenue (in Foreign money):
  • Shut all trades if the mixed revenue throughout all pairs reaches this worth.
  • Default: 100.0 .

Extra Options

• Check with the EA’s settings for configurations associated to:
  • Grid Restoration
  • Hedge Technique
  • Martingale Technique
  • Day and Time Filters
  • Place Sizing
  • Alerts and Notifications

How It Works

• The EA evaluates the Supertrend values throughout every specified forex pair.
• Trades are executed based mostly on the chosen Supertrend entry technique (e.g., shopping for when the Supertrend signifies an uptrend).
• Trades might be managed with non-obligatory exit methods or left open for handbook closure.
• All trades are monitored for cumulative revenue or loss. If thresholds for the Group Cease-Loss or Group Take-Revenue are reached, all trades are closed.
• Restoration methods (Grid, Hedge, Martingale) are utilized as specified within the enter settings.