Yellow Expert Advisor

Yellow Expert Advisor

Yellow Expert Advisor works based on short-term changes in the trend, creating the price “corridor” set in the parameters.

Quick statistics

Yellow Expert Advisor Description

Yellow Free is intended for trading any currency pair on the M5 timeframe.

Not martingale, not arbitrage.

Parameters

  • EAMagic10 - the magic number of the EA. Must have different values for every chart.
  • StrategyBlock1 - can be set to true or false. If true, the EA uses the 1-st block of strategies in trading.
  • StrategyBlock2 - can be set to true or false. If true, the EA uses the 2-nd block of strategies.
  • DD - maximum allowed drawdown.
  • CommentOfOrder - comment to orders. Can take any value.
  • TakeProfitInPoints - take profit in points.
  • TrailingStop - trailing stop in points;
  • ZeroPositions - if true, the EA opens positions only if there are no other open positions on the trading account.
  • LotMult2way - lot multiplier for the next opened position.
  • MaxPriceCorridor - value of the price corridor in points for Yellow Free to open positions.
  • PipsOfIncrement - expansion of the price corridor when exiting an unprofitable position.
  • SafeMode - can be set to "true" or "false". If "false", the EA turns off additional filter and opens trades like version 7.2.

Features of free version of Yellow EA:

  1. Changing of trading lot is not available, the EA trades the 0.01 lot.
  2. The Stop Loss can not be set automatically.
  3. Automatic determination of the price corridor is disabled.
  4. Deposit load reduction by closing the previous position before opening a new one is disabled.
  5. Opportunity of trading on symbols with integral quotes is absent.

For the EURUSD pair, the recommended settings are set by default.

The settings for other currency pairs are provided in video-guide.

Recommended broker - any.

Parameters are set as for 4-digits servers. They will be automatically recalculated for 5-digits servers.

Drawdown

0-10%

Monthly gain

5-10%

Strategy type

Trend

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Quick statistics
NameYellow Expert Advisor
TypeTrend
Leverage1:400 or higher
Time frameM5
Lot sizeVariable
Stop lossYes
Trailing stopYes
Min account size$3000
IndicatorsNo
Currency pairMultiple
Demo testingNo
Projected* annual profit70%
Projected *max DD10%

*estimated by EA developer

To trade the Yellow Expert Advisor you can open your free broker account by clicking the button.