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Silicon Falcon Expert Advisor for MT4
Silicon Falcon Expert Advisor
Silicon Falcon’s intelligent algorithms continuously adapt to the ever changing market.
This system is an exact clone of a system I developed for a hedge fund under contract in Node.js. Identical systems can be found at big banks and prop firms on Wall Street
Use Money Management – If true automatic lot sizing is used
■MM Risk Setting – Risk Setting to be used if money management is used
■Lot Size – Fixed Lot size if money management is not used
â– Period for S/R Algo
â– Algo Alpha- First Channel Size Start in Bars
■Algo Beta – Broad Sweep Bars
■Max Pending Orders – As Stated
■Min Trade Spacing – As Stated
■Front Run (Pips) – Always Front Run Entries in Real Life
■Exit Choice – Broker or Hidden Exits
■Target Profit – Target Profit Pips
■Stop Loss – Stop Loss Pips
■Trailing Stop – Trailing Stop Pips
■Trail Step – Trail Step Pips
■Break Even Activation Pips – Price must be this far into profit for breakeven activation
■Pips to Lock In – Pips to lock in with breakeven activation
■Use Partial Close – Set to true to close positions at multiple exit targets. Position Percentage to Close – Percentage of the original position to close at each target
■Min Profit Pips – Minimum amount of pip before first exit
■Pips Between Closings – Number of pips into profit between closings
■Use Trading Hours – Set true to use trading hours
■Hour to Start Trading – Hour to start trading (Use broker time)
■Hour To Stop Trading – Hour to stop trading (Use broker time)
Friday Exit Hour – Hour to stop trading on Friday and exit trades. (Use broker hour)
■Trade NFP Friday – T/F
■Trade Thursday Before NFP – T/F
■Trade Christmas Break – T/F
■Day To Begin Break – 15 (15th of December as example)
■Trade New Year Holiday – T/F
■Day To Return After Break – 3 (3rd of January as example)
■Trade Comment – Comment to be sent with trades
■Use Avg Spread as Max Spread – Uses Average Spread (counted from filled orders) for Max Spread Calculation
â– Min Trades Filled Before Spread Calculation Will Occur (max spread value used in meantime)
■Amount to Pad Avg Spread (Pips) – Add This Number to Avg Spread to get Max Spread Calculation
■Max Spread – Used Before Enough Filled Trades and Also When Avg Spread is Not Used ■Max Spread – Max Average Spread (Last 20 ticks) allowed before pending orders will be placed in the market
■Spread Time Out – Until (Next Bar as Example)
■Max 1 Min Spike Size – Set Pips for Max Spike Size Allowed on 1 Min Time-Frame
■FIFO Friendly – Enable for FIFO Brokers
■Use Striker – Secret Algo for More Trades
■Magic Number – Use a unique number for each strategy on any addition instance of Apex running on the same account and currency pair
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