ALL ABOUT ATOMIC79 EA – My Trading – 5 March 2022

MORE DETAILED EXPLANATION OF THE OPERATION OF ATOMIC79 EA

Part of the features of the Expert Advisor cannot be explained for intellectual property reasons.

But we believe that it is important for users to know the basic principles of the EA.

1. The Atomic’s openings are based on a multi-timeframe trend indicator . This means that, by means of formulas that weight the strength of a trend in different timeframes, the Expert Advisor determines the direction that it is going to take. But the starting signal is marked by a volatility channel looking for micro-reversals on the chart . When a candlestick breaks out of the channel, a reversal is expected.
2. Opens may not give a valid entry, or may not resolve into a Take Profit large enough to close the trade. In this case the grid mode will be activated . A new trade is opened in the same or in the opposite direction, as determined by the algorithm, to compensate for the loss of the first trade, and close all trades with a global positive (gain).
3. Earnings on this advisor are not measured in points or pips. They are measured in the currency of the account: Dollars, Euros, Pounds, Yens…
4. Trades can be closed for an individual profit . Example: There are only two trades and they have been allocated $1 profit per trade, upon reaching $2 profit both will be closed.
5. By default, there is a parameter that controls the maximum gain . Example: there are 20 open trades, if the TP is set to $6, the set will not be closed at $20, but at $6.
6. In the event that a configurable number of trades is exceeded, if the highest winning trade can close the highest losing trade, it will. This will reduce the DrawDown.
7. If a Lot Multiplier greater than 1.0 is set, the size of the trades will get larger and larger (Previous Size * Lot Multiplier), until the cycle is closed (set of trades). It will restart.
8. We call ” Step ” the minimum distance between two operations (the first according to strategy, the second on the grid).
9. If a Step Multiplier greater than 1.0 is set, the size of the Step will be larger with each new opening (Previous Step * Step Multiplier). When closing the cycle, it will restart.
10. When the News Filter is activated, and there is an economic news, no new trades will be opened until the configured time of the news has passed.
11. The calendar (eg Monday), and time (eg 09:45 a.m.), only control the first opening of the cycle. If there is an open cycle, trades will be opened even if the day or time is restricted in the inputs.
12. You can set a maximum loss value. This applies to the set of trades and not to each individual trade.
13. By default, new trades are only opened, if the current price is in the range of the last N days . If the maximum or minimum of those N days is exceeded, no new trades will be opened provisionally.
14. If you want to do backtest or optimization , it is better to disable the Show Info option, this slows down the terminal.
15. The “Close All” button closes all trades on the current chart and magic number.

PARAMETERS OF THE EXPERT ADVISOR

Set AUTOMATIC Timeframe: With a true value, the Advisor will return to its timeframe even if it is changed manually. It is made to avoid user errors.

Timeframe.This is the temporality in which the Advisor works.

How Use Indicator: If you select Open Constant, the Advisor will look for micro reversals, which will result in much more activity from Atomic79.

If you select Signals Mode, the Advisor will only open a trade when there is a Buy-Sell / Sell-Buy condition change.

Interformula Coefficient: This parameter has been included in the list of inputs to optimize.

The trade opening formula combines the values of the ATR, the CCi, a proprietary trend indicator on M1, M5, M15 and H1, and a TMA indicator on M15, H1 and H4 timeframes.

The formula cannot be displayed, but the ideal values are usually in values from 0 to 200.

Magic Number (Chart ID):

This is the number by which the expert advisor identifies the chart on which he is opening trades. Similarly, it will only close trades assigned to this magic number.

This allows several things. For example, it allows you to manually open trades for the same symbol or with different Expert Advisors without them interfering.

So remember to change the number if you are going to use Atomic on different charts.

Initial Lot: Atomic opens one or several trades, forming a cycle, which upon reaching the Take Profit, will close in unison. This is the size of the first trade in the loop.

Lot Multiplier: This parameter is related to the previous one. Y is the value by which the initial batch will be multiplied at each new opening of the cycle.

When closing a cycle in profit or loss, the initial batch will be the same again. If you leave this value at 1.0, the initial lot size will not change.

If you use a higher value, risk management will be more aggressive, and therefore more dangerous.

This parameter is also known as the martingale. In our opinion, you should never use a value greater than 1.7

Adjust Take Profit based on Trades Number:

If you set this option to true, the EA will take into account this number and the value of the subsequent parameter to calculate the Take Profit.

For example, if this value is set to true, and a single trade is opened that has a Take Profit = 3 dollars, then this trade will be closed.

So if there are two trades then the EA will try to close with a profit of $6

Profit-per-Trade:

This is the value in the base currency by which the number of open Traces will be multiplied to calculate the value of the Take Profit.

Max TP in the Account Currency:

This input is designed so that there is a gain limit. This allows to close the cycles with more speed.

Imagine that based on the two parameters above, there are 10 trades in the market, worth $3 each. In this case the Take Profit would be $30.

On the other hand, with this value set to $10, this profit is limited and, if the sum of these 10 operations adds up to $10, they will all be closed in a block.

Allow Recovery System:

This is one of the new features of this version. It is activated when the number of operations is equal to or greater than the number of trades of the following parameter.

When this number of trades is exceeded, the Advisor will make partial cycle closures, combining the most losing trade with the most winning trade, thus reducing the DrawDown.

Trades for Recovery System: Number of open trades for the Recovery System to be activated.

Take Profit for RSystem: When the recovery system is activated, and the sum of the profits of the most winning trade minus the most losing trade adds the value of this parameter, both trades will be closed

Min Step for grid:

This is the minimum price difference that there will be between each of the openings of a cycle, in the event that the price goes in the opposite direction to the direction of the previous operation.

Please note this is the minor difference, this is not a conventional grid system.

Step Multiplier: The Step will get bigger the more open trades there are. The value of the previous Step will be multiplied by the Step Multiplier

Use Reverse Zones & Days for Zones:

If you activate this parameter, the Advisor will take the value of the maximum and minimum price in the set period, and will not open trades if the new price exceeds these values.

In this way, large trends are avoided, which are counterproductive in this strategy.

Using a value larger than 7 days is not recommended.

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