Moving Averages & Fibonacci Levels.

River EA is a trading system based on an original algorithm of price movement between MA levels. Long-term stability of the strategy is ensured by strict money management using stop-loss for each order.

Features

Description & Presets

• https://www.mql5.com/en/blogs/post/729189

Recommendations

• Min deposit: $100
• Recommended deposit: $500+
• ECN account: Forex Chief DirectFx
• Leverage: 1:400+
• Fast VPS: TradingFx VPS
• Rebate: FxCash

• Pair: GBPUSD
• Timeframe: H1
• Time: GMT+3

Input parameters

• Magic – magic number
• Comment – comment
• Slippage – max slippage, point
• Lot Max – max volume of every position, lot
• Spread Max – max allowed value of the spread for opening / modifying / closing a position, point
• Range Min – min allowable value between MA, point
• File Name – data storage file name, must be different for each chart, if empty the name will be automatic (path C:\Users\[UserName]\AppData\Roaming\MetaQuotes\Terminal\[Terminal]\MQL5\Files\[filename.bin])
• Timeframe – timeframe
• Direction – allowable positions type
  • LongAndShort
  • OnlyLong
  • OnlyShort
• — Volume —
• Volume Type
  • LotManual – based on Lot Main
  • LotRisk – based on Factor Risk
  • LotAuto – based on Factor Auto
• Lot Main – main lot (valid with LotManual / LotAuto), lot
• Factor Risk – max allowable loss for each position in % of AccountBalance (valid with LotRisk), %
• Factor Auto – account funds per each Lot Main value, lot = ACCOUNT_BALANCE / Factor Auto * Lot Main (valid with LotAuto), $
• — Levels —
• Startlevel – level to open a position, %
• Takeprofit – takeprofit, %
• Stoploss – stoploss, %
• — Time —
• Hour Start – hour to open a position, hour
• Hour End – hour to stop opening a position, hour
• Hour End Friday – hour to stop opening a position on Friday, hour
• — Indicators —
• MA Period – period of MA
• MA Method – method of MA
• Stoploss Type
  • Regular – hard stoploss
  • Dynamic – floating stoploss
  • Trailing – trailing stop
    • Trail Start – start level of trailing stop, %
    • Trail Stop – distance of trailing stop, %
• — Split —
• Split – enable/disable
• Split Start – start level of Split mode, %
• Split Step – step of Split mode, %
• Split Lot – percent of the remaining order volume closed at each step, %
• — Graphics —
• Color Buy – color of FiboUp
• Color Sell – color of FiboDn
• Color Startlevel – color of Startlevels
• Display Trades – enable / disable to display the trades

River EA MT5

• https://www.mql5.com/en/market/product/47134

Follow & Join

• MQL5 Smart Forex Lab.
• Telegram @smartforexlab_group