1. Introduction
That is the continuation on Sapphire Strat Maker and Sapphire Strat Maker Alt (Free) knowledgeable advisor – an EA which lets you create your personal technique with out coding. That is the fantastic thing about this Professional Advisor: create your personal methods – be inventive – and do not be locked to a single technique anymore. Optimize the parameters you wish to discover one of the best units and also you’re able to go!
Please, be aware that a few of these options could solely be accessible within the full model.
Earlier than persevering with, take a look at the opposite weblog posts:
Right this moment we’re gonna have an perception on the doable mathematical operations – which will be fairly helpful when defining entry situations or tp/sl ranges.
2. Mathematical operations
A mathematical operation will be utilized to a reference worth inside a situation block or to an outlined tp/sl placement technique. The highlighted parameters within the following screenshot present each the inputs which are used when a mathematical operation is outlined:
On this instance, we see that no mathematical operation (‘None’ is ready to each Math operation to collection inputs) is outlined for the reference costs on the purchase situation block 1. Thus, the Worth parameter is totally ignored.
Within the subsequent screenshot, alternatively, we outlined the Take Revenue kind as Distance by Indicator. Which means that we fetch a price from the specified indicator buffer/bar. The TP/SL might be outlined as the space between the entry worth and the indicator. Nonetheless, we make use of the operation Mult (*) – because the title implies, a multiplication – on the worth of two.5. Which means that the worth fetched from the indicator might be multiplied by 2.5, after which the TP/SL might be positioned.
For instance on this instance the Indicator 3 (outlined within the enter [TP-Buy/Sell] Indicator Index) is an Common True Vary. On this case, if the purchase situations are met, the EA will enter a protracted place, whereas the TP might be set as 2.5 * ATR. If the present ATR at bar 1 is 100, the TP might be positioned at 250 above the entry worth.
One other legitimate instance is the utilization of Highest, Lowest and Common strategies. See the following screenshot:
Please, take into account the Indicator 2 as an ATR. All this tells the EA is to open each purchase/promote place (since it’s within the Widespread Indicators group, so it serves to open each kinds of place) when the Easy Common of the Amplitude (Excessive-Low) of the final 20 candles, beginning the depend from the bar at index 1, is greater than the ATR at bar 1.
As you’ll be able to see, the Worth parameter refers back to the quantity of bars previously to understand the calculation – if the math operation was set to Highest, for instance, it will fetch the highest amplitude from the final 20 bars, ranging from bar 1. If Bar shift/Mounted worth was set to another worth, like 5, the EA would fetch the Easy Common of the final 20, ranging from the bar 5 (so, it will calculate the typical from the bar 5 to the bar 25).
4. Obtainable mathematical operations and compatibility with worth collection or TP/SL sorts
- Add (+), Sub (-), Mult (-), Div (-): will be utilized to any worth collection.
- Highest, Lowest and Common: will be utilized for any worth collection, though don’t have any impact for mounted costs, just like the Mounted ticks technique itself, Distance by Indicator, Value (%), Cash, and many others., and different TP/SL strategies that indicate a set worth.
The power to use math to your TP/SL provides an infinity of potentialities to your technique – identical to proven, you’ll be able to set the TP to a sure a number of of the ATR/StdDev, calculate the mid level of two shifting averages, and many others.
