YPY EA Amet PRO - YPY - automated trading system and expert advisors development

Key Features

  • Trading is fully automated.

  • Optimization is not required.

  • High operability, no needless setting.

  • Protective real StopLoss and TakeProfit levels

  • Additional protections against abnormal movements of the market price


Description of the Main Expert Advisor Settings

TradeMode = Trade/Pausetrade/Stoptrade

  • Trade – trading mode

  • Pausetrade – when this mode is enabled, the trading complex continues maintaining existing orders without looking for new entry points in order to progressively complete the trading on the account.

  • Stoptrade – when this mode is enabled, the trading complex immediately completes the trading by closing all of its orders.


Closing the EA orders in any other way is prohibited, as well as the transfer of the EA to another terminal without the files it creates in the MQL4folder.

AutoMM - system for automatic calculation of lot size based on the free equity, taking the deposit currency into account.
Extreme
- extreme risk
High
- high risk
Medium
- medium risk
Low
- low risk
Minimum
- minimum risk

The AutoMM system supports the following account currencies: "USD","EUR","GBP","AUD","NZD","XAU","GLD","CAD","JPY","CHF","DKK","NOK","SEK","SGD","RUB","RUR","CNH","CNY","MXN","PLN","ZAR","HKD","CZK","UAH","HUF"

If quotes for the user's account currency are not available in the terminal, the currency is considered unknown and the AutoMM system will use a fixed rate 1USD=100 account currency units.


VirtualLot - Auto
(the size of the virtual lot is calculated based on the equity) / Fixed (allows you to fix the size of the virtual lot to value of the initial equity in the strategy tester).

MinLeverage – the minimum leverage value required for opening new orders.
MinMarginLevel – the minimum account margin level in percents required for opening new orders.
Slippage – maximum allowed slippage when an order is opened.

GMTOffset - in this option, each user must set current offset in time clock of Your trading servers from GMT
How to set up GMT offset for a forex broker server
MaxDrawdown – the maximum total equity drawdown of all EA orders in the deposit currency. When this drawdown is reached, all orders of the EA on all instruments are closed (trading will be automatically started again on the next trading day)


Attention

  • The user tests, determines the risks and the used instruments for every new version of the EA by himself. It is recommended to get acquainted with the expert operation in the strategy tester of the terminal and on a demo account.

  • The EA uses the explicit control of bar opening for trading.

  • The developer adapts the EA to short-term trading until the next update, but not more than one month. Due to this, it is recommended to regularly follow the EA updates and to always use the latest version. To update it is sufficient to download the latest version of the expert and attach it to the chart instead of the older version, all the previously opened orders will be maintained by the new version accordingly.

  • The expert must be attached separately to every chart of the traded instrument.

  • The product does not comply with FIFO.

  • Requirements for the trading conditions:

Any broker and any account type
Recommended leverage is 1:100 or higher

limitation on the number of simultaneously opened orders on account not less than 200
Minimum deposit is $1000 (cents for cent accounts).
Recommended deposit is $10000 and above (cents for cent accounts).
If you prefer a calm trading or if you are not familiar with the product, we recommend using AutoMM=Minimum