Forex Zigzag Luck Expert Advisor review:
New 2014 trading robot Zigzag of Luck! First it was only an indicator, which won great popularity among traders! We have decided to use this wonderful indicator as a basis for creating a trading robot that would help traders to trade without any interference.
Key Advantages of the EA:
- Analysis of an additional powerful indicator for decision making (improved, modified, with a better filter).
- Non-redrawable indicator algorithm compared to standard indicators!
- The robot successfully distinguishes orders and monitors only its own orders. You can trade manually on the same account, the Robot will not take your orders.
- The robot works with any DCs, even with a mini account of 0.01 lot!
- The system can work against the market (reverse).
- Multicurrency trading, up to 20 currencies at once!
- RunWork – runs immediately in the market (true), or later based on the signal (false).
- ExpertID – the ID for the EA to know its positions.
- Slippage – slippage in points.
- Revers – trading on the reverse signal of the indicator.
- TP – take profit.
- SL – stop loss.
- Lots – lot size.
- LevelProfit – profit level, at which the lot will be increased or not, for example, use 5; if profit is less than 5 points, the lot increases by the addLots parameter.
- AddLots – the lot will be increased by this value in case of loss.
- StopMaxLots – maximum lot, after which it will not be increased.
- ZZ.Period – the period of the ZigZag indicator.
- ZZ.Length – the values of the ZigZag indicator.
To use a fixed lot, e.g. 0.01, you need to change the following parameters:
- Lots = 0.01
- AddLots = 0
- StopMaxLots = 0.01
Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)