Expert Advisor "EXP-DFA"


Multifunctional Expert Advisor for MetaTrader 4

The EA´s algorithm is based on versatility principle. The EA can work in three different modes that can be switched independently. "Digital Filter A" indicator readings are used as trading signals. The indicator´s algorithm is based on the highly efficient digital filter. The unique digital filtering algorithm provides users with trading signals in a timely manner and also allows them to assess the current situation objectively when performing technical analysis. The indicator can be used both on smaller and higher periods equally well.

Unlike conventional indicators, digital filtration method significantly reduces phase lag, thus providing a clear signal earlier as compared to other indicators. During the analysis, the EA can use data from the current and higher periods increasing the reliability of the incoming signals. A unique algorithm is provided in order to optimize the trading system parameters.

The EA can work simultaneously in two directions - buy and sell. If necessary, the EA can be configured only for working in one direction. Profitability and risks can be managed by changing the EA operation modes.


Operation Modes

Initial order volume is calculated automatically when enabling the proportional calculation function. If the price moves against the position, the averaging order is opened automatically when the averaging function is enabled. The averaging algorithm can be flexibly adjusted by special input parameters. If necessary, the algorithm of proportional volume and averaging calculation can be enabled in the EA´s input parameters. In that case, the EA follows the indicator signals from the current and auxiliary timeframes, while the risks remain minimal.


Detailed instructions + test reports: http://mt4soft.ru/downloads/EXP-DFA_Files.zip