Shadow Trader EA allows to trade using Bill Williams’ Fractals indicator. This Expert Advisor looks for Fractals Up and Fractals Down breakouts to open trades.
Main Settable Options
The configurable options of this Expert Advisor are:
Lots
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X Trader EA trades when two moving averages cross each other. For Ma method set; 0 for simple, 1 for exponential, 2 for smoothed, 3 for linear weighted. For Applied price set; 0 for close price, 1 for open price, 2 for high price, 3 for low price, 4 for median price, 5 for typical price, 6 for weighted close price.
Settings explained
Lots: Lot size to be used in opening your orders.TakeProfit/StopsLoss: Distance for Take Profit and Stop Loss.MaPeriod: Period for the moving average.MaShift: Shift for the moving average.Slip: Slippage for closing orders.MagicNumber: This number helps the expert advisor differentiate its orders. If you run the expert advisor on different differently set charts(i.e. different currencies or timeframes) simultenously ensure the magic number is different for each chart.Free Download Now!
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