YPY EA Illapsum PRO is an innovative multi-
This EA is being constantly adjusted by the developer for short-
The PRO version of the YPY EA Illapsum robot is recommended for multicurrency trading on the following instruments: AUDUSD, AUDCAD, EURJPY, GBPUSD, NZDUSD. Timeframe: М15
This trading system used a gradual dynamic lot in trading, but with various limitations and forced closures. This is fundamentally different from the martingale system, since this expert will not wait forever for the rollback of the price and will always severely limit losses.
This is a new product which is distributed temporarily free until it confirms stable positive results of trading on the developer's signal monitoring.
We pay particular attention to the maximum security and stability of trade during the development and testing. For this we necessarily integrate several independent levels of protection into each trading system to protect the deposit and ensure the most safe trade:
1. Protective real stop-
2. Individual virtual levels of stop-
3. Forced automatic closing of positions and stopping trade in case of detection of abnormal dangerous movements of market prices.
4. Forced automatic closing of positions in case of exceeding the volatility limits that are acceptable for trading logic.
5. Automatic closing of virtual orders when a virtual strategy exceeds its maximum allowable drawdown. This works for each virtual strategy independently.
6. Automatic adaptive spread expansion control, which does not allow opening new orders under inadequate trading conditions.
7. Automatic activation of the "PauseTrade" mode if the actual size of the leverage is less than the allowable size.
8. Automatic activation of the "PauseTrade" mode in case of detection of margin level of less than acceptable size.
9. The ability for the user (if desired) to additionally manually limit the size of the maximum allowable total drawdown for open orders.
Trading is fully automated.
Optimization is not required.
High operability, no needless setting.
Protective real StopLoss and TakeProfit levels
Additional protections against abnormal movements of the market price
Description of the Main Expert Advisor Settings
TradeMode = Trade/Pausetrade/Stoptrade
Trade – trading mode
Pausetrade – when this mode is enabled, the trading complex continues maintaining existing orders without looking for new entry points in order to progressively complete the trading on the account.
Stoptrade – when this mode is enabled, the trading complex immediately completes the trading by closing all of its orders.
Closing the EA orders in any other way is prohibited, as well as the transfer of the EA to another terminal without the files it creates in the MQL4folder.
The AutoMM system supports the following account currencies:
If quotes for the user's account currency are not available in the terminal, the currency is considered unknown and the AutoMM system will use a fixed rate 1USD=100 account currency units.
MinLeverage – the minimum leverage value required for opening new orders.
MinMarginLevel – the minimum account margin level in percents required for opening new orders.
Slippage – maximum allowed slippage when an order is opened.
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MaxDrawdown – the maximum total equity drawdown of all EA orders in the deposit currency. When this drawdown is reached, all orders of the EA on all instruments are closed (trading will be automatically started again on the next trading day)
The user tests, determines the risks and the used instruments for every new version of the EA by himself. It is recommended to get acquainted with the expert operation in the strategy tester of the terminal and on a demo account.
The EA uses the explicit control of bar opening for trading.
The developer adapts the EA to short-
The expert must be attached separately to every chart of the traded instrument.
The product does not comply with FIFO.
Requirements for the trading conditions:
Any broker and any account type
Recommended leverage is 1:100 or higher
limitation on the number of simultaneously opened orders on account not less than 200
Minimum deposit is $1000 (cents for cent accounts). Recommended deposit is $10000 and above (cents for cent accounts).
If you prefer a calm trading or if you are not familiar with the product, we recommend using AutoMM=Minimum
Mandatory FOREX Disclaimers:
Fore trading is speculative, involves substantial risk and is not suitable for all investors. consider the suitability of Forex/Futures trading before making any investment decision. Past performance is not necessarily indicative of future results. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be fully aware of all the risks associated with foreign exchange trading.