MOOD EA V2.0

Mood EA - works on the Momentum indicator, which is a leading indicator. To enter a position, the advisor uses the oversold or overbought status of this indicator, capturing the “mood” of traders.

OPTIONS

• Open new series - on/off. the beginning of a new series of orders.
• Start lots - starting lot.
• Trade Buy - allow the advisor to buy.
• Trade Sell - allow the advisor to sell.
• Support manual orders - on/off the advisor maintaining orders opened by the user.
• Use hedge - when the function is turned on, the advisor will trade both buy and sell directions; when the function is turned off, the advisor will trade only one direction.
• Use Money Management - on/off. use of automatic lot calculation.
• Autolot. Free margin for each 0.01 lot - the amount of free margin for opening each 0.01 lot unit.
• Lot miltiplier - lot multiplication coefficient for the following orders.
• TP - take profit, in pips.
• SL - stop loss, in pips from the first order.
• Trail Start - activation of the trailing stop.
• Trail Step - distance from the price when a trailing stop is activated.
• DD Reduction Algoritm - an algorithm for reducing drawdown in which the last order with a profit is closed with the first order in the series at a loss.
• Number order for DD Reduction Algoritm - from which order the drawdown reduction algorithm is activated.
• Percent profit for DD Reduction Algoritm - percentage of profit when closing orders in drawdown reduction mode.
• Magic is a special number that the advisor assigns to its orders.
• Fix distance - fixed distance between orders.
• Order dynamic distance - from which order in order the dynamic distance will be applied.
• Dinamic distance start - starting value for dynamic distance.
• Distance multiplier - dynamic distance multiplier.
• Start, End hour - time to open the first order.
• Maximum Lot - maximum lot.
• Maximum spread - maximum spread for the advisor.
• Mom_Period - period of the Momentum indicator.
• Up Level - Momentum indicator reading above which the advisor sells.
• Down Level - Momentum indicator reading below which the advisor buys.

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