ATS Hilo

• The HiLo (High/Low) Expert Advisor applies pending orders. The strategy is based on breakouts of High and Low values;
• The strategy is quite popular and it is regularly used as a basis for many trading systems. It is always necessary to find fresh solutions, so Hilo features a quite fast algorithm. It is not loaded with unnecessary functions, and it disables and optimizes some functions when switching to test mode. All this allows traders to quickly find profitable settings for the EA;
• Fast order execution, small ping and five-digit quotes are recommended for Hilo-type strategies;
• Example of optimization can be found 

Configurations

MAIN

• Lot - lot value;
• Magic Number - magic number;
• M-management (0=fixlot) - dynamic lot (automated money management), 0=fixed lot;
• Hour set M-management- money management update hour;
• Speed up optimization - fast optimization mode, should be enabled during optimization, does not affect trading results;
• Comments to orders - comment;

STRATEGY

• indicator SAR 1 - SAR indicator settings;
• indicator SAR 2 - more SAR indicator settings;
• Period indicator SAR 60=H1 - SAR indicator period. Thus, the EA can be tested even on M1. The results in the tester may be different but they remain the same in real trading.
• To replace the orders ? - whether to replace orders with new ones when levels are updated;
• (+/-)order step for BUYSTOP - value to be added to the BUYSTOP price;
• (+/-)order step for SELLSTOP - value to be added to the SELLSTOP price;
• Stop loss - stop loss;
• Take profit - take profit;
• Trailing Stop (Min 1) - distance to trailing stop;
• Step Trailing (Min 1) - trailing stop step;

FILTERS

• Hour del orders on Friday(-1=false) - hours to delete pending orders on Friday, orders will not be deleted of set to -1;
• Min del orders on Friday - minutes to delete pending orders on Friday
• Day of week 1 - trade on Monday. Setting trading days of the week, the EA will tra if set to true and will not trade if set to false;
• Day of week 2 - trade on Tuesday;
• Day of week 3 - trade on Wednesday;
• Day of week 4 - trade on Thursday;
• Day of week 5 - trade on Friday;
• Trading Hours >= - trading time filter in hours, higher than or equal to;
• Trading Hours <= - trading time filter in hours, less than or equal to;
• Trading Hours 2 >= - time filter #2 in hours;
• Trading Hours 2 <= - time filter #2 in hours;
• Start Hours in Monday <= - trading start hour on Monday;
• Start Minute in Monday <= - trading start minute on Monday;
• End Hours in Friday >= - trading end hour on Friday;
• End Minute in Friday >= - trading end minute on Friday;
• Max spread - maximum spread;

TEST

• Send notification - sending Push notifications;
• Test market exe. - whether to check market execution;
• Lot test - order volume;
• Point step - order shift;
• Magic test - magic number for test orders;
• Point modification - modification amount;
• Allow - exception settings;

Summary

• Hilo can be quickly optimized allowing you to find efficient settings on any symbol in no time. It all depends on your willingness to find your own settings rather than using the well-known ones;
• Find trial settings and the video tutorial on the first page of the Comments section;
• The next versions will feature more functions making the EA more flexible and adding more customization options.