Multi Strategist (MS) is a technique scanner and totally automated multi-currency Professional Advisor. This Professional advisor gives a streamlined framework for technique scanning. Subsequently, these methods can be utilized for buying and selling in a person pleasant method. MS gives various related options for buying and selling aiming to realize income by buying and selling with low drawdown and excessive win charges.
The low drawdown is achieved by making use of strict cash administration, place sizing guidelines and drawdown safety mechanisms. The excessive win charges are tried to be achieved by using a number of indicator-based, sample and worth motion buying and selling methods. Every technique makes use of a mixture of a number of indicators, candle patterns, and or worth motion approaches. That is achieved concurrently on as much as 4 timeframes.
The methods are developed utilizing a built-in technique scanner containing over 5 hundred distinctive indicator/worth motion/sample buying and selling presets. MS is optimized in scanning velocity and permits to create set recordsdata containing dozens of newly generated methods in a fast and dependable method.

The brand new model (MS6) is predicated on earlier variations however was reprogrammed fully. Placing enhancements have been achieved in technique scanning time by a) enhancing the general program operating velocity and b) the flexibility to scan for (and save) a (technically limitless) variety of methods on the identical time. MS6 is suitable with foreign exchange pairs and indices (amongst others).

 The technical evaluation applied within the methods makes use of are amongst others:

• Shifting Averages
• Pivot Factors
• Retracements
• Stochastic Oscillator
• Directional Motion Index (DMI) & Common Directional Index (ADX)
• Alligator
• Momentum
• Relative Power Index (RSI)
• Shifting Common Convergence/Divergence (MACD)
• Williams P.c Vary (WPR) 
• Candle patterns
• Worth motion buying and selling
• Pattern evaluation
• Convergence/Divergence

Highlights

• For newcomers and superior customers
• The market adjustments over time, so change with it!
• A definable variety of methods buying and selling in parallel per instrument
• Simultaneous evaluation of a number of timeframes
• The brand new technique scanner in MS6 permits technique growth in a brief period of time
• Every technique might have its personal exit technique
• The technique scanner could also be utilized to foreign exchange and CFDs (e.g., indices and shares)
• A number of layers of strict threat and cash administration
• Volatility delicate cease losses and take income
• Trailing stops and trailing take revenue help revenue taking and loss limitation
• Partial Closing of positions
• Weekday filter/Non-compulsory computerized commerce closing on Fridays
• a number of data panels
• FTMO suitable each day drawdown managment

Beneficial settings

• Account stability: >1000 USD or equal quantity in different forex. A decrease stability is feasible, however the threat per commerce will probably be increased as a result of minimal quantity of 0.01 lot. Subsequently it is strongly recommended to make use of Cent-Accounts (micro accounts) for account with a stability under 1000 USD and/or leverages under 1:100 (really useful leverage: 1:300 or above).
• Threat per Commerce: < 2 %.
• The upper the allowed variety of parallel trades (set beneath Max Positions), the decrease the danger per commerce ought to be set.
• “Max Whole Threat” per Chart: 5 – 25 %, relying on the variety of charts per account, Max Positions and threat per commerce. (corresponds to the utmost attainable floating loss per instrument).
• Set the DD-Guard (each day drawdown guard) to on, to stop consecutive losses throughout unpredicted market movments.

Information Panel Settings

• PanelNote: Textual content entered will seem on the panel.
• Present InfoPanel: Reveals data panel on the chart.
• Present TradingTime: Offers you an extra panel with time data.
• Present DD-GuardPanel: This reveals an extra panel with DD-Guard data.
• Panel on the suitable: if true InfoPanel will seem on the suitable.
• MoveDDPanelLeft: Strikes DD-Guard panel to the left. 
• Transfer downwards: Strikes the panel downwards on the y-axis.
• Scaling: adjustments the dimensions of the panel.
• Scale Correction: If scaling settings in Home windows 10 have been modified;
  e.g., if Win10 scale is 150% then scale correction needs to be set to 1.5.
• Autoscale: if true, the Information panel dimension adjusts to the chart dimension.
• Scaling autoscale: auto-scaled panel might be modified in dimension.

Set Magic Numbers

• First magic quantity: First Magic quantity needs to be set. Please select a magic quantity with at the very least 4 digits. E.g., 1000.  The magic quantity 1000 will then be assigned to the primary technique. The following one can have the magic 1001, and so on.
• Alt commerce remark: This lets you add a customized commerce remark (restricted to twenty characters)

Set Order Kind

• Order sort:
• Permit Purchase: if false, purchase orders are prohibited.
• Permit Promote: if false, purchase orders are prohibited.

Order Kind = pending orders

• Pending pips distance: 0 = market order
• Pending expiration hours: ‘-1’: pending order expires on the finish of the day. ‘0’ means no expiration date.

Set EA Mode

• EA mode:
• use barcode file: The barcode file is within the Widespread folder. The subfolder title and filename might be specified.
• Single barcode (no file): This mode can be utilized to both do a preliminary scan with out making a file. This single barcode is represented by the preset mixture (see EA mode scanning (Presets vary 100 – 665).
• create uncooked recordsdata: MS creates a subfolder with a CSV file crammed with buying and selling methods after utilizing MT5 optimization (really useful: quick mode with 1min OHLC ticks / each ticks).
• finalize file: created file must be finalized as soon as after uncooked file creation is accomplished. To take action choose ‘Optimization: Disabled’ within the MT5 Technique Tester (Settings tab). Set ‘Ahead’ to No. Press Begin. Finalizing takes lower than 5 seconds.
• finalize file (no ahead): Use this methodology to finalize the barcodes for those who created the uncooked file with out ahead optimization.
• Filtered & kind barcode file: Use together with gradual full algorithm optimization. Set ‘Ahead’ to No.
  When used, each barcode within the specified file will probably be examined individually. Barcodes that don’t cross the genetic filter settings (see under) will probably be deleted from the barcode file. The remaining barcodes will probably be sorted and seem within the up to date file in descending order (greatest to worst, primarily based on the customized max rating).
• add modulators
• enumerate barcodes: Barcode recordsdata might include a whole bunch of buying and selling methods, typically with comparable buying and selling behaviour. As a way to restrict this quantity and discover acceptable technique combos “enumerate barcodes” can be utilized. Right here, combos of as much as 16 buying and selling methods (discovered within the barcode file) are examined utilizing the technique tester in gradual or  quick optimization mode. Different settings could also be included in optimization (e.g. trailing settings). Barcode enumeration might take a very long time to complete.
• use barcode enumeration: After discovering an acceptable barcode mixture utilizing barcode enumeration, it is strongly recommended to change to “use barcode enumeration” when utilizing the set file on chart.
• Random order: If true, the order of methods allowed to open a commerce (if a buying and selling sign is there) is random. On this case, every backtest might end in barely totally different outcomes. Pay attention to a much less comparability of dwell buying and selling outcomes between MultiStrategist customers.

EA Mode utilizing recordsdata:

• Subfolder: recordsdata are saved within the frequent folder. Right here you could enter an acceptable subfolder. Use Backslash (“ “) for additional subfolders. E.g., EURUSDH1.
• File: Enter the title of the file with none file extension. E.g., barcodes
• Barcodes used [9999 means all in file]: Right here you possibly can restrict the variety of methods used within the file. E.g., if 10 is entered solely the primary 10 barcodes within the file are thought-about. 9999 implies that all barcodes are going for use.

DD-Guard
The DD-Guard is an extra threat administration characteristic. The DD-Guard is monitoring the present day for any drawdown (DD). If the DD at the present time reaches a each day DD threshold (together with potential DD of open positions), then the DD-Guard prevents the EA from opening extra positions. A brand new day begins at midnight of a specified time zone. By default, the timezone is UTC. Please set the suitable time zone of curiosity within the settings. This would possibly turn into helpful for collaborating in occasions just like the FTMO problem, which makes use of CET time (UTC+1) to watch each day DD. If DD at present plus the danger of open positions plus the danger of a brand new commerce is increased than the max set worth, then no new commerce will open. On this case, the time shade will change from inexperienced to purple on the DD-panel. The DD-Guard is additional able to closing trades earlier than midnight to stop increased DDs as allowed within the settings (in accordance with FTMO problem guidelines. For more information: https://ftmo.com/en/#maximum-daily-loss). By default, DD-Guard closes trades earlier than midnight provided that obligatory.

• Use DD-Guard: DD Guard might be turned on and off. By default it’s set to off, nonetheless it is strongly recommended to make use of it for dwell buying and selling to mitigate consecutive losses throughout sturdy market actions.
• UTC offset time zone of curiosity: Set the suitable time zone of curiosity. For FTMO problem, use UTC+1. In any other case set it to your or your brokers time zone, relying on which era zone you wish to monitor. The UTC setting will decide midnight, when the preliminary stability of the day is ready and the DD monitoring resets.
• max DD at present in %: set the max % DD for the day.
• Shut trades each day: if set to “if obligatory” (default), then trades are closed earlier than midnight DD guidelines would in any other case be damaged, when the preliminary stability resets at midnight ( https://ftmo.com/en/#maximum-daily-loss ).

Common Threat Administration

• Max complete Threat: Units maximally allowed complete threat at any given time. If the actual complete threat of all parallel trades (in complete) is under max complete threat and if opening an extra commerce won’t set the actual threat (as a % of the stability) increased than the max complete Threat, then a brand new place will probably be allowed (if the entire variety of trades is under “Max Positions” and if a buying and selling sign exists)).

Instance:
Max positions = 4,
threat per commerce = 3 %,
max complete threat = 10%

If three trades are open, the entire threat is 9% (9% of the deposit is misplaced if all three trades lose). Nevertheless, if one commerce is already trailing over the break-even level, the danger of this commerce turns into zero. Subsequently, the entire threat will lower to six% (9%-3%). A fourth place might now open (if a buying and selling sign exists) because the complete threat will not exceed the right here maximally allowed complete threat of 10%. The instance is random and doesn’t represent a advice.

• max deposit load: Helps to stop margin requires high-risk settings and low deposits. Deposit load = Margin / Fairness *100 (Deposit load is decrease with increased leverage; Beneficial leverage: 1:300 and extra. (1:30 could also be used however solely together with acceptable settings and deposit. Cent/Micro-accounts are really useful for low deposit and/or low leverage).
• Max Unfold: Units unfold restrict in pips for opening a commerce.

Place quantity and dimension administration

• Max Positions: Units the variety of buying and selling positions allowed on the identical time. (Every Technique has by no means greater than a single commerce opened). 
• Place dimension mode: select between a hard and fast financial quantity, % of the stability or mounted lot dimension. Needless to say MS might opens a couple of commerce. Subsequently, maintain settings like Max Positions and Max Whole Threat in thoughts when setting the danger per commerce.

Place dimension mode = % of stability

• % of stability threat per commerce: select an acceptable quantity. E.g., One % of deposit per commerce.

Place dimension mode = financial quantity

• Mounted financial quantity (account forex): select an acceptable quantity. E.g., 20 EUR per commerce utilizing a 1k EUR account.

Place dimension mode = mounted lot dimension

• Mounted lot dimension: select an acceptable lot dimension. E.g., 0.01 lot. Since SL is ready dynamically primarily based on ATR (if Auto SL is activated), the financial quantity in danger utilizing mounted lot might varies from commerce to commerce.

Threat administration Cease Loss Take Revenue

• Auto Take Revenue: If “auto” is chosen Take Revenue will probably be calculated routinely primarily based on ATR.
• Auto Cease Loss: If “auto” is chosen Cease Loss will probably be calculated routinely primarily based on ATR.

Threat administration Cease Loss Take Revenue = auto (ATR dependent)

• ATR SL Multiplier: Is used to calculate Cease Losses by multiplying the ATR SL multiplier with ATR (calculated in pips).
• TR TP Multiplier: Is used to calculate Take Income by multiplying the ATR TP multiplier with ATR (calculated in pips).
• ATR SL Multiplier: Is used to calculate Cease Losses by multiplying the ATR SL multiplier with ATR (calculated in pips).
• TR TP Multiplier: Is used to calculate Take Income by multiplying the ATR TP multiplier with ATR (calculated in pips).
• ATR timeframe: Timeframe might be chosen for ATR calculation; the default is sooner or later.
• ATR transferring common interval: Units the vary in days used to calculate ATR-based Cease Losses and take income. The smaller the faster the variation will increase/decreases volatility.
• min SL/TP: min allowed stoploss and Take Revenue in pips.
• max SL/TP: max allowed stoploss and Take Revenue in pips.

Threat administration Cease Loss Take Revenue = mounted

• mounted Take Revenue pips: enter desired mounted Take Revenue in pips.
• mounted Cease Losses pips: enter desired mounted Cease Loss in pips.

Trailing Settings

• Use Trailing: 
• Auto: trailing is on and calculated primarily based on the present market (see ‘Trailing Settings = auto’).
• Mounted: trailing is on and makes use of mounted minimal revenue and glued trailing cease in pips. (see ‘Trailing Settings = mounted’).
• Off: no trailing
• TP trailing solely [auto]: Cease loss won’t change. However the Take Revenue will enhance the nearer the present commerce involves it. Right here TP trailing follows the principles of ‘Trailing Settings = auto’.
• TP trailing solely [fixed]: Take revenue worth will transfer with growing floating revenue in response to mounted minimal revenue setting. TP will transfer in response to the variety of pips set in “handbook Trailing Cease.
• Trailing step: a set trailing step in pips. E.g., 5 pips.
• Use Take Revenue Trailing: see above (TP trailing).

Trailing Settings = auto

• auto MinProfit Multiplier: Multiplier multiplied by present take revenue equals present minimal revenue. Makes use of the take revenue calculated for the present market state of affairs reasonably than the positional take revenue. This makes trailing particular to the present market volatility reasonably than the precise commerce TP. Setting the MinProfit multiplier to 0 deactivates minimal revenue. Setting auto MinProfit Multiplier to 1 flip of trailing.
• auto TrailingStop Multiplier [Has changed to previous versions]: Trailing cease is calculated like this: (MinimumProfitPips + StopLossPips) * trailing cease multiplier. Subsequently, if the multiplier is ready to 1, the trailing cease will probably be massive, whereas the trailing is off when set to 0. Chances are you’ll select a setting between 0 and 1.
• max auto MinProfit[pip]: Permits to set the max allowed auto MinProfit. MinProfit is calculated by multiplying Auto MinProfit Multiplier with taking Revenue, which in flip is ATR dependent. Subsequently, in excessive unstable market calculated MinProfit is perhaps
  undesirably excessive. Subsequently, now you can set a restrict. Default max is arbitrarily set to 100 (pips max MinProfit earlier than trailing begins).
• min Trailing cease [pip]: Equally, in a flat market auto trailing cease might turn into very low. To keep away from it, a minimal Trailing cease in pips can now be set. The default is 10pips. (If SneakUp is used, Trailing cease is allowed to get decrease than min Trailing cease sooner or later)

Trailing Settings = mounted

• handbook Minimal Revenue: if UseAutoTrailingSettings is ‘false’, units minimal revenue in pips earlier than trailing begins.
• handbook Trailing Cease: units the trailing cease in pips

Partial Closing Settings

• Use Partial Closing: if true, worthwhile trades get partially closed at a sure stage of revenue.
• Partial shut solely as soon as: Partial closing will solely happen as soon as and never repeatedly per commerce if turned on.
• MinProfit mode: if set to auto, min revenue for partial closing might be set from 0-1. E.g., 0.5 means 50% of taking revenue have to be reached earlier than partially closing a commerce. Is about to repair, the minimal revenue in pips could also be entered under.
• Auto MinProfit (TakeProfit-Ratio): Instance: 0.5 means half of the potential revenue at TakeProfit have to be reached to do a partial shut.
• Handbook MinProfit in forex: if Auto MinProfit is fake, it would set the minimal revenue in forex to do a partial shut. Instance: 50: 50$ revenue have to be reached to do a partial shut.
• Shut-Maintain-Ratio: Units place dimension to be closed as a ratio. Instance: 0.75: 75% of the place will get closed and 25% of the place stays. If set to 1: the entire place will get closed as quickly MinProfit is reached. If the lot dimension is just too small to do the specified partial shut, nothing will occur.

Partial Closing Settings = auto

• Auto MinProfit: Take the revenue – a ratio that have to be reached. 0.5 means 50% needs to be reached earlier than partially closing a commerce.

Partial Closing Settings = mounted

• Handbook min revenue: Handbook minprofit in account forex.

Group Exit [experimental]
Group exiting is a characteristic in testing aiming to shut trades in teams if the entire floating revenue both decreases beneath a sure stage under the revenue lack of a single commerce cease loss. Vice versa trades might be closed as group if a goal complete floating revenue is reached, equal to the revenue of a single commerce take revenue. On this case, group closing is simply executed after this floating revenue is reached after which decreases under a set change in % (see Change issue).

• Use group exit by goal:
• no group exit: 
• solely floating revenue :
• solely floating loss :
• each:
• Change issue: E.g., an element of 0.1 implies that the situation of floating revenue decline after reaching goal a is 10%
• Group exit floating loss: Permit grouping and exiting trades with floating loss (in complete) after reaching goal a (SL) after which lower additional (change issue).
• Min variety of trades for grouping: A threshold might be set. Default: Two trades are thought-about sufficient for potential group exiting.
• Keep away from any new trades after group closure: Default: 1 hour.

Shut on Friday

• hours earlier than market closes: if ‘ Shut Fridays’ is true, units the time when open trades are closed earlier than the market closes (server time) on Friday in hours. Doesn’t care concerning the GMTServer setting.

Weekday Filter

• Use <weekday>: Optionally, you possibly can disallow sure weekdays from opening trades.

Time Settings (Just for T/E Hours, native time DD-Guard)
Solely must be set for those who use “Set Buying and selling Hours” or “Exclude Hours”

• UTCLocal: To make use of “UseTradingHours” or “UseExcludeTime”, your native UTCneeds to be set.
• UTCServer: To make use of “UseTradingHours” or “UseExcludeTime” set the right UTCof your dealer.

Set Buying and selling (T) Hours

• Use Buying and selling Hours: an non-compulsory characteristic that permits specifying buying and selling hours. New trades are solely opened throughout this time if turned on. If off, buying and selling is allowed across the clock. It’s attainable to span buying and selling hours from midnight to the subsequent day (e.g. 7 am-1 am).
• Buying and selling Begin Hour: set hours of buying and selling begin.
• Buying and selling Begin minute: set minutes of the buying and selling begin.
• Buying and selling Finish hour: set hours of the buying and selling finish time.
• Buying and selling Finish minute: set minutes of the buying and selling finish time.

Exclude (E) Hours

• Use Exclude Hours: an non-compulsory characteristic that permits to particularly exclude a interval of the day from buying and selling (opening new trades). It’s attainable to span from midnight to the subsequent day.
• Exclude Begin hour: set minutes of exclusion began.
• Exclude Begin minute: set minutes of exclusion began.
• Exclude Finish hour: set hours of the exclusion finish time.
• Buying and selling Finish minute: set minutes of the exclusion finish time.

Trendguard (normalized linear Regression) 
Linear Regression is used to detect the present pattern. If TrendGuard is on, Methods are solely allowed to open purchase orders throughout an uptrend and solely promote orders in a downtrend.

• TrendGuard (normalized linear Regression): Turns TrendGuard on or off.
• Present regression trendline: This reveals the calculated trendline on the chart.
• Timeframe: Units Timeframe for linear regression calculation.
• Interval (TF bars): Units the variety of bars for calculation.
• min adverse slope for brief: min and max values might be checked in backtest, these values will probably be printed within the journal on the finish of the take a look at. Spreads largely between -1 and +1. If the ‘ min neg slope for brief’ is ready to -0.1, then this adverse slope turns into the minimal requirement for a brief commerce (if a buying and selling sign is on the market).
• min constructive slope for lengthy: see above.

Misc

• Pause technique after hitting SL/TP: single technique is blocked for a specific interval after hitting SL/TP.
• Shut commerce after x time: Shut will get routinely closed after the chosen interval.
• Backtest outcomes to statistic.csv (frequent folder): A CSV file is created after a backtest. The file is discovered within the frequent folder and comprises commerce quantity, achieve, and barcode and is grouped by magic.
• Present solely final account digits (DDGuard): The DD-Panel reveals the Dealer account quantity. If on, solely the final three digits of this quantity is seen.
• Velocity up panels visible tester mode: On by default. If on, throughout visible backtesting, DD-Panel is simply recalculated each new bar, rushing up backtesting in visible mode.
• Discard comparable methods correlation issue: When discarding comparable methods (Buying and selling mode : Discard comparable methods), a correlation issue might be set for Pearson correlation calculations. Methods under this threshold will probably be discarded. Default 0.9. 

Timeframes used for presets
MS can analyze as much as 4 timeframes concurrently whereas buying and selling. The timeframe used on the present chart is all the time analyzed. Three different timeframes could also be chosen for technique growth utilizing the technique scanner, it is strongly recommended to make use of a primary fast scan to pick appropriate timeframes, whereas it isn’t required to make use of totally different timeframes for teams A, B, and C.

• timeframe group A
• timeframe group B
• timeframe group C

EA mode scanning /creating barcode file (Preset vary 100-665)

• Purchase
• Promote
• PresetS0 – PresetS7: MS Presets symbolize predefined combinable buying and selling approaches. MS6 comprises 500 such presets (the earlier model solely contained 60 presets). Utilizing the technique scanner to mix Presets for a specific image permits one to search out probably profitable buying and selling methods out of billions of attainable combos. A barcode quantity is generated and printed on the finish of the backtest within the journal. If MS is ready to “create barcode file”, then a file is written within the frequent folder and acceptable subfolder and filename (which is to be set beneath “EA Mode utilizing recordsdata”.E.g., it is strongly recommended to scan with 4 Presets (Preset S0-PresetS3) utilizing ”Quick genetic primarily based algorithm” and “Complicated Criterion max”.
• Repressor: Here’s a single Preset (100-609) used to inhibit a commerce albeit an energetic buying and selling sign. This can be used to generate much more complicated buying and selling methods (experimental).
• Single technique exit preset0: Right here, a preset acts because the exit sign.
• Single technique exit preset1: Right here, an extra preset is used as an exit sign. if exit preset0 and preset1 are utilized in mixture, then each presets must generate a sign to shut a commerce. E.g., a purchase sign of preset0 and preset1 can shut a promote commerce.
• Min win/loss single exit mode: Exiting an open commerce could also be restricted by a minimal floating revenue earlier than exiting. Both in % of TP or pips. (Default: %).
• Permit exiting adverse commerce: If true, the exit technique may additionally shut a commerce with a floating loss after reaching minimal loss (of SL) and if an exit sign is there.
• Keep away from any new trades after single handbook closing: Default none. If set and a dealer closes any MS commerce manually, then MS will pause for a specific interval.
• Pause technique after single exit: If set, a technique with a selected magic quantity will pause for a set interval after closing a commerce routinely via the only exit technique.

Genetic Filter Single Technique
Min quantity trades per yr: When creating barcode recordsdata utilizing Complicated Criterion max or customized max (complicated criterion really useful), it’s attainable, however not essential to filter the barcodes written to the file by the next parameters: Parameters not used ought to need to worth 0.

• Min trades per yr: E.g., 10
• Min revenue issue: E.g., 2
• Min win price 1-100%: min price in %.
• Min revenue % per yr per technique: revenue in % primarily based on preliminary deposit
• Min anticipated payoff[currency]: anticipated payoff within the forex chosen within the Technique Tester.

Customized max operate
A “Customized max” operate could also be used as an alternative of the “Complicated Criterion max”.

• Customized max consequence threshold for file: Potential to pick a threshold for barcode file creation (solely barcodes with a better rating are written to the file).
• Customized operate [115 = default]:
• 99: complicated operate containing a number of parameters.
• 100: trades
• 101: PF
• 102: wins in % in comparison with losses
• 103: revenue in %
• 104: max deposit load
• 105: stability DD
• 106: fairness DD
• 107: MAE
• 108: MFE
• 109: commerce period (the shorter the higher)
• 110: variety of consecutive losses
• 111: Anticipated Payoff
• 112: operate containing DD, revenue, and PF
• 113: operate containing DD, revenue, MFE, and MAE
• 114: comprises fairness DD, revenue, MFE, MAE, PF, and variety of trades
• 115: comprises fairness and stability DD, revenue, MFE, MAE, PF, variety of trades
• 116: rating derived from variety of trades and revenue share
• 117: rating derived from variety of trades, revenue share and commerce period