Forex Crescendo Expert Advisor

A widely advertised expert advisor. It works on GBPUSD and GBPJPY. The timeframe does not matter. It uses martingale; in previous versions it was extremely dangerous, but in 1.3 many options were added for trade control.

I am not a fan of writing poems, so straight to the point:

Monitoring of the real account of the advisor's authors:

I have an extremely negative attitude toward martingale, but I must admit, at the moment the advisor is making a profit on monitoring.For now it is.

Description of the advisor settings:

initial_balance - the balance that the advisor will consider available for trading (specified in dollars, for cent accounts in cents). The value must be less than or equal to the balance in the account.
order step - the minimum distance in points between the last and previous orders.
target profit - the target in dollars for closing a group of orders on the currency pair (where the advisor is installed). The default is 4. That is, with the specified balance of 1000 and a lot of 0.01, the advisor will close all orders when their total profit reaches 4 $. For a balance of 10000 and a lot of 0.1 - 40$. And so on.
frequency - how often the advisor will look for conditions to open new positions:
0 - always check
1 - check every hour
2 - check every 3 hours
3 - every 6 hours
4 - every 12 hours
5 - every 24 hours
The authors recommend using the default value (4) as the most suitable for any market conditions.
dd_based_frequency(false) - when this parameter is enabled (true), the advisor will look for new positions with a frequency (frequency) based on drawdown. The expert will start with frequency 0 (check conditions for new positions constantly), after opening the first position it will switch to 1 (check every hour). Then it switches the frequency of searching for new positions according to the value of the dd_step.
dd_step - drawdown step in percent that will be used by the dd_based_frequency.
For example, we set dd_step to 2(%). frequency will be 1 for total drawdown (on one pair) within 0-2%; 2 - for the range 2-4%; 3 - for a drawdown of 4-6%; 4 - for the range 6-8%; and 5 for a drawdown above 8%.
use_mtf_trend - enable/disable the multi-timeframe filter (to increase the probability of profit on each trade).
trend_threshold - the minimum timeframe that will be used in the use_mtf_trend parameter. It is set with numbers from 1 to 5.
Key below:
1 - H1 timeframe
2 - H4
3 - daily (D1)
4 - weekly
5 - Monthly
close_on_counter_trend - close all positions when the trend changes (enable/disable)
counter_trend_threshold - this parameter is similar to trend_threshold, but it specifies the minimum timeframe on which positions will be closed when the trend changes.
manual_trend - specify the trend manually (enable/disable)
trend_direction - if the previous manual_trend parameter is enabled, then in trend_direction specify:
1 - buy only
-1 - sell only
trend_following - when this parameter is enabled, Crescendo will open a new order immediately after closing a series of old ones. This option can increase total profit during strong trends.
use_stop_loss - use stop loss (enable/disable)
stop_loss - stop level (in points)
linear_martingale - when this parameter is enabled, additional orders will be opened in a linear progression: 0.02, 0.03, 0.04....
fibonacci_martingale - when this parameter is enabled, additional orders will be opened in a progression: 0.02, 0.03, 0.05, 0.08, 0.13...
exponential_martingale - when this parameter is enabled, additional orders will be opened in progression according to the specified multiplier (exponential factor). For example, if the multiplier is 2, the lot will double each time.
exponential_factor - multiplier for the previous parameter
GMT_time_shift - I want to draw your attention to the fact that this is not the usual GMT offset as in other advisors. The value can be from -11 to +11. This is the deviation in hours from GMT time for all entries that the advisor will make. The expert already knows how much your broker's time differs from Greenwich time; this is specifically the shift of entries for opening positions.

Also, when you purchase the advisor you get a set of indicators + a template for determining the current trend. It works on any timeframe.
To launch:
right-click on the chart ->template->crescendo mtf trend.

In the archive, besides the advisor, the manual, and the bonus, there is an exe installer that will automatically distribute all files (including the bonus) into the necessary folders.

If you are poorly familiar with trading advisors, I advise you to read:

Installing, setting up, and trading forex expert advisors

Download the advisor