Description

Belkaglazer EA V1.999 MT4

Belkaglazer EA V1.999 is a sophisticated Expert Advisor that allows traders to build diverse trading strategies across multiple markets, including FOREX, FORTS, Crypto, and Indices. With its complex yet logical design, it provides the tools for creativity and research, making it a versatile platform for various trading styles and strategies.

Core Models

The EA is based on four core models with clear logic: PriceChannel, Pivot, PriceAction, and PRNG. These models allow for the development of a wide range of strategies, including momentum, breakout, counter-trend, mean-reversion, and scalping. Each model supports Limit, Stop, and Market orders, works with both Instant and Market execution, and automatically adjusts for 4 and 5-digit quotes.

Advanced Features

Belkaglazer EA includes several advanced features that enhance its performance and usability:

• Contains a CBOE VIX Filter and an advanced News Filter, allowing traders to backtest the impact of news events and automatically detect GMT Offset.
• Supports various types of Money Management (MM), with the author’s strategies avoiding risky techniques like Martingale, grid, and hedging. Every trade is protected by a stop-loss.
• Backtested with 99.9% modelling quality and variable spread, ensuring that backtest results closely match live trading performance.

Strategy Models

Belkaglazer EA’s strategy models provide the foundation for diverse trading approaches:

• Breakout [BR]: Utilizes price movements through support/resistance levels, typically entering the market during high volatility with pending stop orders.
• Momentum [M]: Based on the continuation of current trends, this strategy involves buying/selling after significant price movements.
• Mean Reversion [MR]: Assumes that after strong movements, the price will revert to the mean. This counter-trend strategy enters the market with pending limit or market orders near support/resistance levels.
• Price Channel [PCh]: Uses horizontal support and resistance levels based on price extrema, and can function as a breakout or mean-reversion strategy.
• Pivot: Calculates critical support and resistance levels using pivot points and can be used for both breakout and mean-reversion strategies.
• Price Action [PA]: Analyzes price movements over time to identify M/MR patterns and build seasonal trading strategies.
• Random [PRNG]: Generates trading signals randomly, useful for market studies and Monte Carlo experiments.
• None: Allows turning off models and generating signals based on filters alone.

Execution and Management

The buy/sell signals generated by the trading algorithm are executed as limit, stop, or market orders, with an option to set execution delays. The EA manages open positions using take profit, stop-loss, time-stop, trailing-stop, and other tools. It supports various MM types, including fixed lots, proportional lots, %Margin, and Optimal F. Traders can also incorporate risky MM methods like Anti-Martingale, Martingale, Pyramiding, and Averaging if desired.

Filters

Belkaglazer EA includes several filters to improve trade quality and strategy performance:

• Trend Filters: Allow trades only in the direction of the overall trend, using methods like Daily EMA and Daily HL/2.
• Volatility Filters: Ignore signals if volatility is too high or too low, using intraday and daily ATR methods.
• Time Filters: Prohibit new trades at specific times (minute, hour, day of the week, month).
• News Filter: Filters high/mid/low impact news events and provides backtesting for news impact.
• CBOE VIX Filter: Avoids drawdowns during market instability, useful in strategy testing.
• Other Filters: Includes Range/Hurst/RSI and other filters to identify favorable market conditions.