Boiler EA - Expert Advisor Based on the Goiler Indicator
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As promised, I am posting an EA based on the widely discussed Forex Goiler indicator.
About the Expert Advisor
Platform: Metatrader4
Operating time: around the clock
Currency pair: EURUSD (but there are no restrictions on using it with other pairs)
Timeframe: H1
The advisor trades by the same rules as Goiler. I already described them in the note about this indicator, so I will not repeat myself. In addition, with the help of extra settings, you can slightly change the expert's trading.
Settings Info
TradeFridays - enable/disable trading on Fridays
MoneyManagement - enable/disable automatic lot calculation
PercentRisk - percentage risk of the deposit when MoneyManagement is enabled
LotSize - fixed lot size when MoneyManagement is disabled
MagicNumber - a code so that the advisor can distinguish its own positions from others. Do not change it.
StartHour - time when the advisor opens positions (GMT time)
Orders - number of orders (1 or 2), read more in the post about Goiler
Dalembert - capital management according to D'Alembert, a light martingale
DailyCloseAll - enable/disable closing all orders after 24 hours. If this parameter is disabled, only untriggered pending orders will be deleted.
TP - the Take Profit level according to Goiler levels. TP=1 - the light green line, 2 - the dark green line. You can set intermediate values, for example 1.5.
BreakevenAtPips - profit level for moving to breakeven
TrailingStopPips - trailing stop size (disabled at 0)
TrailingStep - trailing increment step (in points, disabled at 0)
SetStopLoss - the ability to set your own stop-loss without using the indicator levels
SetTakeProfit - the ability to set your own take-profit without using the indicator levels
LevelMarks - enable/disable displaying Forex Goiler levels on the chart
Backtests
2007-2010
Be sure to read the post about Forex Goiler, otherwise much will be unclear to you.
The backtest used settings according to the indicator rules (they can be seen in the screenshots). As we can see, the expert advisor was developed for today's market, - before 2011 the balance curve goes downward. However, there are many settings, and perhaps you will be able to find more optimal parameters.
Download Boiler (Goiler EA)
P.S. If you have difficulties, see FAQ on working with expert advisors.
As promised, I am posting an expert advisor based on the widely discussed Forex Goiler indicator.
