Ilan Dynamic Pro is suitable for any kinds of trading accounts, in particular for ECN and NDD accounts. Besides, the adviser works both with 4 and 5 digits after dot accounts. Ilan Dynamic uses timeframes starting from M5 and higher with the usage of martingale trading strategy. Depending on the signal, the EA can open positions in two directions - buy and sell.
But it should be taken into account that in case of five digits after dot accounts most forex brokers have smaller spreads and the adviser works more accurately and effectively. Ilan Dynamic Pro can be used simultaneously with other forex advisers, be it should be noted that theirs magic numbers must be different. If necessary, the Expert Advisor can be customized to work in only one direction.
The present Expert Advisor is based on the Ilan Dynamic EA which is widely used by the large number of traders and thus deserves increased attention from professional developers producing lots of advisor’s modifications. There are many variations of this advisor, each having its own pros and cons, but all these modifications are united by a common position averaging algorithm that is used to close a series of unidirectional orders at the total Take Profit level.
I have created a modification of the EA with the whole code written from scratch and the analytical unit completely redesigned. Now Expert Advisor stands 100% up to its name as it has almost all parameters dynamically variable depending on the situation on the active chart. Dynamically adjustable parameters allow obtaining sufficiently stable operation with different instruments even with the default settings with no initial optimization. At the same time, all important parameters are available for optimization and fine-tuning for a specific instrument and trading conditions. In this "Ilan Dynamic Pro" modification I have tried to bring my own vision of effective averaging algorithm, implementing the idea led by many years of professional MT4 development experience and my own vision of the Forex market.
Depending on the signal, the EA can open positions in two directions - buy and sell. If necessary, the Expert Advisor can be customized to work in only one direction.
The volume of the initial order is automatically calculated when the proportional calculation function is enabled. If the price moves against the position, an averaging order is automatically placed. The averaging algorithm can be flexibly adjusted by special input parameters. If necessary, the algorithm of proportional volume calculation can be disabled in the EA's input parameters. In this case, the Advisor will always start a series with the volume specified in the input parameters.
|Ilan Dynamic Pro EA Rating||2.7|
|Yield per annum||8.30%|
|Max drawdown per annum||15.85%|
|Lot size||not less than 10000 units per 0.1 of a standard lot|
|Timeframes||from M5 and higher|
|Strategies||martingail principle, mathematical algorithms|
|Trading tool/currency pairs||EUR/USD,GBP/USD, AUD/USD|
|Automatic account type|
|Max risk limitation|
|Several one-way series|
|Auto start lot|
|Fixed stop loss|
|Automatic lapse expansions|
|4||Odin Forex Robot||57%|
|7||FX Classic Trader||335%|
|1||Metatrader 5 Trading Platform|
|2||MetaTrader 4 Trading Platform|
|3||cTrader Trading Platform|
|5||MetaTrader 5 Mobile Trading Platform|
|6||MetaTrader 4 Mobile Trading Platform|
|8||ZuluTrade Trading Platform|
© 2006-2022 Forex-Ratings.com
The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.