The Waiter mt5 best news forex

The Waiter mt5 best news forex 1.1

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What is The Waiter?It is an automated system to always be ready to catch the big movements of the market
What is the secret to it?
  1. You can set the mode (stop, limit).
  2. Set the pending orders distance
  3. Place Stop Loss / Take Profit
  4. Keep your eyes peeled for the huge candle

settings:
  • entry:
0.OFF (the expert advisor won't operate. Only for chart information purposes.
1. New candle, STOP orders. Each new candle has two stops orders. If they are not activated by the end of the candle, they will be cancelled)
2.New candle, new LIMIT orders (each new candle two limit orders are placed. If they are not activated by the end of the candle, they will be cancelled)
  • pending_orders_distance: Distance from current price at which pending orders are placed
  • exit:
0.no closing (no close conditions. Positions will be closed only when there is a take profit or stop-loss.
1.timer close (positions will be closed after the specified amount of time has elapsed).
  • minutes_for_closing: amount of minutes after which positions will close, if "exit" is set to "1.timer closing"
  • close_position_if_friday_night: If activated, friday night after 23:00 the expert advisor won't operate and open positions placed by the expert advisor will be closed to avoid the weekend gap
  • lots_mode:
0.static Lots Each order contains the same number of specified lots
1.proportional lots (the amount of lots is dinamically calculated by the formula "balance/proportional_lots_divisor", for example if your current balance is 10.000 usd and proportional_lots_divisor is set to 100.000, applied lots will be 0.10; as your balance later grows to 12.000 usd, applied lots will be 0.12 )
  • static_lots: constant amount of lots (if "lots_mode" is set to "static lots")
  • proportional_lots_divisor: divisor by which lots are calculated (if "lots_mode" is set to "proportional lots")
  • Take Profit Pip
  • SL_pips: amount of Stop Loss pips
  • MagicNumber: marker of the operations done by the expert
  • compute_only_current_chart_stats: if true, only operations done on current symbol will be taken into account to calculate session data
  • backtest_speed:
0.FULL INFORMATION (VERY SLOW). The backtest will display the data panel. Very slow, unrecomended
1.FINAL REPORT (MEDIUM) The backtest won't display the data panel, until will be terminated. Average speed.
2.FULL SPEECH (VERY FAST). The data panel will not be displayed in the backtest. Maximum speed, but no data shown.
  • Font_color: The main writings' color
  • Background_color: The first color in the panel
  • Background_color_2 - Second color for the panel
  • selected_button_color: Color of the highlighted data mode
  • Colors of Uptrend Data
  • DOWN_color: Color of downtrend data
  • display_data_in_background: If true objects and candles won't be covered by the expert panel
  • Clear_Chart_on_Exit: Choose true to make data disappear when indicator closes

The default settings have been optimized to EUR/USD M30
The current version of the advisor can be used to work on Forex. It is not advised to use the advisor on any other market.
Author
Best Forex Ea
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