Elite Tactics EA – [Cost $245] – For FREE

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Elite Tactics is a fully automated and safe EA that analyzes the market’s essential levels and trades with pending orders for the quickest execution. All orders implement advanced filtering fu...

Elite Tactics EA – [Cost $245] – For FREE

Elite Tactics is a fully automated and safe EA that analyzes the market’s essential levels and trades with pending orders for the quickest execution. All orders implement advanced filtering functions together with spread and slippage protections to place a stop-loss.Elite Tactics does NOT use any of the risky strategies like Martingale, Grid, or Arbitrage. Elite Tactics is thoroughly customizable by the user. This EA Also has verified real accounts on both MT4 and MT5 platforms.ParametersMain SettingsMagic – Magic number (MUST be unique for each chart!)CommentOrders – Optional – Custom comment for ordersStrategy SettingsBasicLevelsStrength – Main parameter to determine the levels strengthLevelsStrengthIncrement – Additional levels strength incrementLevelsStrengthCount – Number of additional levels strengths to be analyzedMaxLevelsPerStrength – Number of max found levels per strengthPointsBuyShift – Bias in points for the pending price order BUYPointsSellShift – Bias in points for the pending price order SELLEnableBuyOrder – Enable/disable BUY ordersEnableSellOrder – Enable/disable SELL ordersUseOpenClose – Switch algorithm level detection between High-Low / Open-CloseRisk SettingsStopLoss – Stop loss in pointsTakeProfit – Take profit in pointsFixedLotSize – Fixed size of the Lot to trade (UseAutoLot has to be disabled)UseAutomaticLot – Enable/disable automatic lot size calculation based on account balance and StopLoss level RiskInPercentOfBalance – Risk in percent of account balanceBreak-even SettingsUseBreakEven – Enable/disable break-evenBreakEven1 – Break Even 1st level in pointsBreakEven2 – Break Even 2nd level in pointsPointLock Trailing Stop SettingsUseTrailingStop – Enable/Disable trailing stopTrailingStop – Trailing Distance in PointsTrailingStep – Trailing Step in PointsSafety SettingsUseSlippageProtection – Enable/disable slippage protectionMaxSlippage – Max allowed slippage in pointsUseSpreadProtection – Enable/disable spread protectionMaxSpread – Max allowed spread (average per last few ticks)Time Management SettingsGMT – Set your broker GMT offset (2 – default for most brokers)AvoidTradingHours – Comma separated hours during which EA is not placing any ordersOpenMonCloseFri – Enable/disable closing orders on Friday and reopening on MondayCloseHour – Hour of closing orders on FridayCloseMinute -Minute of closing orders on FridayOpenHour – Hour of opening orders on MondayOpenMinute -Minute of opening orders on MondayTips To Optimize The EAThis EA is fully customizable by the user so you can optimize your settings. Here is a short recommendation for your optimizations.If you don’t want to use automatic Lot size calculation (as by default is fixed lot size), modify the FixedLotSize parameter based on your risk and account possibilities.If you are using low leverage accounts, make sure you have sufficient margin to open positions. (This EA should warn you if you don’t but instead always verify by yourself).If you want to use Automatic Lot size calculation, then select “UseAutomaticLot = true” and modify “RiskInPercentOfBalance” (RiskInPercentOfBalance means how much of your account balance are you willing to lose if there will be losing trade). The lot size is calculated based on the account balance and stop-loss level.Main parameters to focus during optimization:StopLoss (recommended range from 50 to 500) – Stop Loss in pointsBasicLevelsStrength (recommended range from 15 to 30) – Main parameter to determine the levels strengthLevelsStrengthIncrement (recommended range from 15 to 50) – Additional levels strength incrementLevelsStrengthCount (recommended range from 1 to 5) – Adjust number of additional levels strengths to be analyzedMaxLevelsPerStrength (recommended range from 1 to 5) – Adjust number of max found levels per strengthPointsBuyShift (recommended range from 0 to 40) – Bias in points for the pending price order BUYPointsSellShift (recommended range from 0 to 40) – Bias in points for the pending price order SELLBreakEven1 (recommended range from 15 to 40) – BreakEven 1st level in pointsBreakEven2 (recommended range from 5 to 30) – BreakEven 2nd level in pointsPointsLock (recommended range from 5 to 10) – Points lock in profit after breakeven (but it is also combined with the 2nd level of breakeven if activated)TrailingStop (recommended range from 5 to 15) – Trailing Distance in PointsTrailingStep (recommended range from 1 to 10) – Trailing Step in PointsRecommendationsAdapt your own risk settings according to the account equity and always verify with back-testVPS server with small latencyA minimum deposit of 100 USD for micro-lot accountdefault settings optimized for EURUSD H1 timeframeTrueECN broker with low spread (Find the Perfect Broker For You Here)Free DownloadThis EA Was Shared on Our ForumShare Article: