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  1. #1
    NCDindia is offline Senior Member
    Join Date
    Jun 2015
    Posts
    217

    Default ZeroLagStrategy - Vertex FX Expert Advisor

    ZeroLagStrategy is a powerful VertexFX client-side auto-trading robot. It is based on the ZeroLag indicator, which in turn is based upon the EMA indicator that (attempts) to eliminate lag from the EMA. This indicator is based on the concept of Kalman filtering (and thus falls in the category of Kalman filters).
    The smoothing constant ALPHA defines the amount of lag to be reduced. For example, when ALPHA is 0.33, the lag is 2 bars.
    It is responsive for intra-day trading on cyclical markets where the lag can be reduced.
    In the first step, the price is smoothed using WMA. Then in the next step we (attempt to) remove the lag by filtering the momentum. Finally, this is smoothed once again using the ALPHA smoothing to derive the ZeroLag indicator.
    BUY - Enter BUY trade when indicator color turns BLUE, and High of current bar is less than High of previous bar, and close of current bar is in upper half of the range. Exit BUY trade when indicator color turns RED.
    SELL - Enter SELL trade when indicator color turns RED, and Low of current bar is greater than Low of previous bar, and close of current bar is in lower half of the range. Exit SELL trade when indicator color turns BLUE.

    Inputs :
    a) ALPHA - The smoothing constant for calculation of ZeroLag EMA.
    b) PERIOD - The default period for calculation of ZeroLag period.
    c) LOT_SIZE - The lot size of the trade.
    d) TP_POINTS - The take profit in points.
    e) SL_POINTS - The stop loss in points.
    f) MAGIC - The unique identifier for trades generated by this robot.
    g) POINT_DEFAULT - The point value of the current instrument.


    Advanced Pro version of this EA is available in Vstore market.
    Attached Images Attached Images
    VERDE SOLUTION -

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