Download Pender Expert Advisor

Fully automatic free version of the EA
Trading is conducted by pending orders from important price levels.

Strategies
Unlike the paid version, there is only one type of trading strategy: using hedging - StopLoss and Takeprofit are not placed, positions are closed by virtual Takeprofit.
Trading is provided as a fixed lot, as well as an automatic money management system.

Broker and Deposit
Any 5-digit broker with a narrow spread and fast execution of orders will be suitable for trading.
The minimum Deposit for a relatively quiet trade is$1,000.

Currency pairs and timeframe
Recommended for trading on EURUSD, GBPUSD, USDJPY.
Timeframe - H1.
Terminal - MetaTrader 4.

Characteristic

• EAMagic - magic number of the EA;
• AutoLot - can be true or false. If true, the EA chooses the lot size for trading depending on the balance;
• Lots - lot size is set by the user if AutoLot is false;
• Risk - risk depending on the size of the Deposit, if AutoLot is true;
• DD - maximum allowable drawdown at which all positions will be closed;
• Commentoorder - comment for orders. Can take any value;
• StartHourNoHedge - trading start time (GMT);
• TakeProfitInPoints - take profit in points;
• LotMult - lot multiplier for the next position to be opened;
• PipsOfIncrement - extension of the price corridor when exiting a losing position;
• TrailingHedge - trailing stop in points;
• TerminalGMTshift - shift of your broker's terminal time relative to GMT time. For example, if your terminal time is 21:00 and GMT time is 19:00, the parameter will be equal to "2". If your terminal time is 18:00 and GMT time is 21:00, the parameter will be "-3"
• SummerAdjustment - correction for summer time.

Recommended settings - default.

 

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