ASCENT II Expert Advisor (unlimited) (Unlocked)
Archive : ASCENT II Expert Advisor (unlimited)
Ascent II expert advisor designed and programmed by professionals at Cutting Edge Forex
- Trades trades volatility breakouts on the 15min timeframe. Designed on EURUSD
- Uses dynamic self adjusting Targets and Stops
- Uses 2 strategies
- Long Term Profitable
- Cuts losses short letting profits run
- Programmed by professionals
- No Grid or Martingale components
- Designed, tested, and optimized using the highest quality data (Birt’s TDS)
- Trades on average a few times a week
- Robust! Not only surviving, but THRIVING, over 10 years and all market conditions (including the great financial crisis of 2008)
The strategy is based around the fact that breakouts (whether caused by news reports, trendline breaks, etc..) create trends. Ascent II captures these emerging trends adding to positions when conditions present themselves for maximum profitability.
DESCRIPTION OF VARIABLES
Default settings are intended for operation on the EURUSD 15min chart. ALL VARIABLES are left exposed however, enabling you the trader to optimize and trade Ascent II on many instruments.
USER DEFINED VARIABLES
Static Lot Size – If not using Advanced Money Management, this lot size will be used
Advanced Money Management – Set true to enable percent based lot sizing
Risk Setting – Risk setting to be used with percent based lots
Tag 1 – Strategy 1 trade tag identifier.
TP/SL ATR Bars – ATR bars to be used in calculating Targets and Stops
TP Factor – Factor of ATR for Targets
SL Factor – Factor of ATR for Stops
Acceleration – Number of Bars
Mass – Number of Bars
Qualifier – Volatility Cut Off Logic. Generally a range of 2.0 – 3.0 is best
MA 1 – Number of bars for MA 1
MA 2 – Number of bars for MA 1
Tag 2 – Strategy 2 trade tag identifier
Enable Strategy 2 – Set true to enable strategy 2
TP Factor 2 – Factor of ATR for Targets
SL Factor 2 – Factor of ATR for Stops
S2 ATR Bars – ATR bars to be used in calculating Targets and Stops
S2 Qualifier – Fading Volatility Cut Off Logic
RSI Bars – Number of RSI Bars
RSI Cut Off – RSI Cut Off amount
Use Initial Balance – Set true to give Ascent II a specified balance
Initial Balance Amount – Amount to be used as initial balance
Max Spread – Maximum allowable spread when entering trades
5 Digit Broker – Set true for 5 digit brokers
Max Positions – Maximum number of open positions allowed at one time
Show Warnings – Set true to show warnings
Display Color – Select a number 1 – 10 for display color options
Transparent Display – Set true to see chart through display
Magic Number – Identifying serial number. Use a unique number for each instance of your EAs
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