The “Investment Castle II EA” is a fully automated trading robot that uses the popular SuperTrend indicator as its primary trading strategy. This EA has been enhanced with a number of advanced features to improve its profitability and risk management.
One of the key features of the Investment Castle II EA is its implementation of the improved Martingale strategy. The EA uses this strategy to increase its trade size after a loss, in order to recover losses and generate a profit. However, the EA also includes an improved Martingale strategy that allows for partial closing of trades and late opening of grid trades, which helps to reduce the drawdown and increase the chances of profit.
Another important feature of the Investment Castle II EA is its ability to enter trades late. This means that the EA will only enter a trade once the SuperTrend indicator has confirmed a trend, rather than entering the trade immediately when the indicator signals a potential trend. This helps to reduce the number of false signals and increase the chances of profit.
The Investment Castle II EA also includes a feature for pending orders. This allows the EA to place orders to enter a trade at a specific price level, rather than entering the trade immediately. This can be helpful in volatile market conditions, where prices may fluctuate rapidly.
Investment Castle II EA
The EA also includes a pending grid feature that allows it to place multiple pending orders at different price levels. This can help to increase the chances of a profitable trade, as well as reducing the risk of loss by limiting the trade size.
Finally, the Investment Castle II EA includes a number of features to help lower the drawdown and generate consistent profits. These include stop-loss and take-profit orders, as well as a trailing stop feature that automatically adjusts the stop-loss level as the trade moves in favor of the trader.
In summary, the Investment Castle II EA is a powerful and flexible trading robot that uses the SuperTrend indicator as its primary trading strategy. It has been enhanced with a number of advanced features, including an improved Martingale strategy, late entries, pending orders, pending grid, stop loss and take profit, trailing stop features, and more, which can help to increase profitability and reduce drawdown. This EA will soon be available on the MQL5 market for users to download and use.
The Investment castle II ea trading robot has a variety of features, including:
- The ability to remember open positions, their take profit and stop loss levels if the VPS or terminal is restarted.
- The ability to remember trade buttons and their setup if the VPS or terminal is restarted.
- The ability to plot profit/loss on a chart, but only when the user runs the visualizer and on live charts. It automatically disables this feature when backtesting or optimizing settings for improved speed and performance.
- The ability to show a control panel on the chart, but only when the user runs the visualizer and on live charts. It automatically disables this feature when backtesting or optimizing settings for improved speed and performance.
- The ability to send detailed and structured mobile notifications showing balance, drawdown, profit/loss, and the symbol.
- The control panel shows detailed information required by professional traders for each symbol the EA is loaded and running on, including daily, weekly, and monthly profits and drawdowns.
The core functions of the EA include:
- The ability to close trades in profit at a single take profit level or to split the trade and close it partially in percentages every certain distance.
- Drawdown reduction that closes the first and last trades together, with the ability to reset the lot size to the last closed and start over, instead of continuing to increase the next grid exponentially.
- The ability to wait for the price to reverse before opening a grid order when the price of a losing trade reaches the grid distance, which is helpful during high volatility times.
- The series of orders do not close at fixed take profit levels, but instead the series take profit increases every time a new grid order is opened in order to leverage pullbacks and increase profits.
- The ability to choose between instant entries after closing the previous trade or pending entries, depending on the user’s risk appetite.
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Unlocking the Full Potential of Investment Castle II EA: A Guide to Advanced Settings:
The Investment Castle II EA was designed with simplicity in mind, to make it easy for users to understand and control the EA’s functionality and settings from the very first use. The goal is to make the EA as user-friendly as possible while still providing the necessary inputs.
Exploring the Money Management Settings in Investment Castle II EA: A Flexible Approach to Lot Sizing and Risk Control
The Money Management settings in Investment Castle II EA offer the trader the ability to choose between using a fixed lot size or an auto lot size based on risk percentage. It’s important to note that the auto lot size feature only functions when the Stop Loss value is set above zero.
Investment Castle II EA allows for the flexibility to close open trades at a single fixed take profit value or in stages by closing a set percentage at specific distance in pips.
When active, Investment Castle II EA’s hedging feature allows for opening one or more positions in both directions once a signal in the opposite direction is detected. The EA manages each series separately and independently.
Investment Castle II EA is a grid-based EA that primarily employs a martingale strategy, which, if misused, can be risky. When the trader opens manual trades, the EA recalculates the take profit level. In case of hedging trades, the EA combines them into a single series and adjusts the take profit level accordingly.
The take profit value for a series of trades in Investment Castle II EA is determined in monetary terms. The EA closes the series when the floating profit reaches that level. The take profit increment percentage is used to increase the series take profit amount based on the number of trades in the series. For example, if there are two trades, the EA will close at that amount, but if there are more than two trades, the EA will gradually increase the series take profit by multiplying it with the percentage set by the user.
Investment Castle II EA’s delayed entry feature allows for adding a pending order a certain number of pips away from the level, which can be beneficial for NOT entering a trade at the end of a trend.
The cancel pending order option in Investment Castle II EA is crucial as it cancels pending orders as the price moves in the opposite direction, preventing unnecessary counter trades and minimizing drawdown. Keep it between 5 to 15 pips higher than the Grid Distance.
The option to open trades in the profitable direction using a separate multiplier, rather than fixed lot orders, is currently under development in Investment Castle II EA. When implemented, it has the potential to decrease drawdown by opening trades in a more favorable direction as the lot size of counter trades increases.
When active, the option in Investment Castle II EA will close every two trades as a series at the take profit level.
Investment Castle II EA’s entries are instantaneous and not dependent on the chart’s time frame, allowing for immediate trades even when switching between time frames or using a monthly time frame. This feature is now available in the settings, providing traders with the ability to easily optimize and adjust the frequency of hedging, if active.
Supertrend indicator settings used for the entries in the EA.
Maximum spread filter for limiting the entries.
Mobile Notifications includes detailed information every time a trade is closed.
You can buy the Investment Castle II EA exclusively from the MQL5 Market:
The ICIIEA strategy is based on:
The ICIIEA strategy incorporates hedging with caution, consider cutting losing positions and focusing on new trend directions as soon as a reversal is identified.
Set Files will be shared in the next few days. However, you may start with these settings:
Did you know that by opening an account with Roboforex or IC Markets using our affiliate link, you can receive a complimentary copy of Investment Castle II EA? Simply use one of the provided links and send the details to [email protected] to obtain your free EA.
Prior to reporting any bugs, please consider doing the following:
- Check the Journals tab for error messages such as Not Enough Money
- Check the Experts Tab for programming related issues and provide the code number. Although I tested the EA a lot, there might be cases that I missed during my tests.
Report any bugs by emailing us a screenshot of the error. Please ensure the screenshot shows the entire chart of the terminal from the desktop not from mobile.
Please do not ask questions such as why the EA not opening trades, why not working etc. You must backtest. Please read the message below:
It is crucial that before using the Investment Castle II EA on a live account, you first practice it on a demo account after thoroughly backtesting it using the visualizer. Do not trade using the EA without fully understanding it.