LASSO EA is a very discreet and at the same time extremely effective system that allows you to achieve huge goals without resorting to high risks.
Here I will provide detailed installation instructions for LASSO EA, which I use on the project account (LASSO-EA: fixed lot).
New project – LASSO-EA: fixed-lot monitoring here:
LIVE broadcast (fully chronology of project since start) here:
HOW TO START:
Anyone can join our project, for this you need:
Unzip –> and use .sets from (2___Risk-1.0___MinBalance_$700) folder, set files used:
- _1__Lasso-EA-fixed-lot___EURUSD___Risk-1.0_.set
- _2__Lasso-EA-fixed-lot___GBPCAD___Risk-1.0_.set
- _3__Lasso-EA-fixed-lot___AUDJPY___Risk-1.0_.set
- _4__Lasso-EA-fixed-lot___AUDCAD___Risk-1.0_.set
- _5__Lasso-EA-fixed-lot___EURJPY___Risk-1.0_.set
- _6__Lasso-EA-fixed-lot___GBPUSD___Risk-1.0_.set
- _7__Lasso-EA-fixed-lot___USDJPY___Risk-1.0_.set
- _8__Lasso-EA-fixed-lot___EURNZD___Risk-1.0_.set
- _9__Lasso-EA-fixed-lot___CADJPY___Risk-1.0_.set
- _10__Lasso-EA-fixed-lot___USDCHF___Risk-1.0_.set
- _11__Lasso-EA-fixed-lot___USDCAD___Risk-1.0_.set
- _12__Lasso-EA-fixed-lot___GBPJPY___Risk-1.0_.set
As you can see, I started with a deposit of $550, and in doing so, I use the settings from the folder called …MinBalance_$700, where the risk level is used (Risk_value = 1). I deliberately started with a balance less than recommended for a given level of risk, to demonstrate how stable the system is even if the balance is not enough to meet all the requirements provided by the system.
1. Proper preparation of the MT4/MT5 terminal for trading.
First make sure that all (12) currency pairs used in trading are loaded (displayed) in the window Market Watch:
- EURUSD
- GBPCAD
- AUDJPY
- AUDCAD
- EURJPY
- GBPUSD
- USDJPY
- EURNZD
- CADJPY
- USDCHF
- USDCAD
- GBPJPY
2. Installation:
2.1. Open EURUSD M15 chart:
- Attach LASSO EA to the EURUSD chart (without pressing OK!).
- Immediately in the settings
click and load the file <_1__Lasso-EA-fixed-lot___EURUSD___Risk-1.0_.set> - Make sure that in the settings
selected , and only then confirm by pressing <OK>.
2.2. Open GBPCAD M15 chart:
- Attach LASSO EA to the GBPCAD chart (without pressing OK!).
- Immediately in the settings
click and load the file <_ 2__Lasso-EA-fixed-lot___GBPCAD___Risk-1.0_.set> - Make sure that in the settings
selected , and only then confirm by pressing <OK>.
2.3. Open AUDJPY M15 chart:
- Attach LASSO EA to the AUDJPY chart (without pressing OK!).
- Immediately in the settings
click and load the file <_3__Lasso-EA-fixed-lot___AUDJPY___Risk-1.0_.set> - Make sure that in the settings
selected , and only then confirm by pressing <OK>.
2.4. Open AUDCAD M15 chart:
- Attach LASSO EA to the AUDCAD chart (without pressing OK!).
- Immediately in the settings
click and load the file <_4__Lasso-EA-fixed-lot___AUDCAD___Risk-1.0_.set> - Make sure that in the settings
selected , and only then confirm by pressing <OK>.
2.5. Open EURJPY M15 chart:
- Attach LASSO EA to the EURJPY chart (without pressing OK!).
- Immediately in the settings
click and load the file <_5__Lasso-EA-fixed-lot___EURJPY___Risk-1.0_.set> - Make sure that in the settings
selected , and only then confirm by pressing <OK>.
2.6. Open GBPUSD M15 chart:
- Attach LASSO EA to the GBPUSD chart (without pressing OK!).
- Immediately in the settings
click and load the file <_6__Lasso-EA-fixed-lot___GBPUSD___Risk-1.0_.set> - Make sure that in the settings
selected , and only then confirm by pressing <OK>.
2.7. Open USDJPY M15 chart:
- Attach LASSO EA to the USDJPY chart (without pressing OK!).
- Immediately in the settings
click and load the file <_7__Lasso-EA-fixed-lot___USDJPY___Risk-1.0_.set> - Make sure that in the settings
selected , and only then confirm by pressing <OK>.
2.8. Open EURNZD M15 chart:
- Attach LASSO EA to the EURNZD chart (without pressing OK!).
- Immediately in the settings
click and load the file <_8__Lasso-EA-fixed-lot___EURNZD___Risk-1.0_.set> - Make sure that in the settings
selected , and only then confirm by pressing <OK>.
2.9. Open CADJPY M15 chart:
- Attach LASSO EA to the CADJPY chart (without pressing OK!).
- Immediately in the settings
click and load the file <_9__Lasso-EA-fixed-lot___CADJPY___Risk-1.0_.set> - Make sure that in the settings
selected , and only then confirm by pressing <OK>.
2.10. Open USDCHF M15 chart:
- Attach LASSO EA to the USDCHF chart (without pressing OK!).
- Immediately in the settings
click and load the file <_10__Lasso-EA-fixed-lot___USDCHF___Risk-1.0_.set> - Make sure that in the settings
selected , and only then confirm by pressing <OK>.
2.11. Open USDCAD M15 chart:
- Attach LASSO EA to the USDCAD chart (without pressing OK!).
- Immediately in the settings
click and load the file <_11__Lasso-EA-fixed-lot___USDCAD___Risk-1.0_.set> - Make sure that in the settings
selected , and only then confirm by pressing <OK>.
2.12. Open GBPJPY M15 chart:
- Attach LASSO EA to the GBPJPY chart (without pressing OK!).
- Immediately in the settings
click and load the file <_12__Lasso-EA-fixed-lot___GBPJPY___Risk-1.0_.set> - Make sure that in the settings
selected , and only then confirm by pressing <OK>.
3. Activate automated trading:
If you use MetaTrader 4 click on button
If you use MetaTrader 5 click on button
EVERYTHING, then just watch the trading results!
Write all questions and discussions on the work of the EA, please send me on PM, because it will be so much easier for me to provide support for any questions, since I see the entire history of correspondence and can more quickly understand what the question is!
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Sincerely, Stanislau.
The main parameters for self-optimization for absolutely any trading instrument (currency, metals, raw materials, indices, crypto, etc.):
Risk_value = 1.0 // The level of risk directly affects the size of the lot. The higher the value, the larger the lot size.
Choose_a_trading_algorithm = Logic_1 // You can choose one of five proprietary trading algorithms/strategies (Logic_1 – Logic_5).
Distance_between_positions = 20 // Distance in pips (4-digits) between trades.
Distance_ratio = 2 // Multiplying coefficient of the distance between deals (Distance_between_positions) with each subsequent opening of a new deal.
Use_dinamic_profit = true // Use/no dynamic profit. The amount of profit taking increases proportionally, according to the parameters below, with each subsequent opening of a new deal. If false, then the profit level is fixed.
Ratio_for_dinamic_Profit = 3 // Multiplying the profit size coefficient (Profit_all_opened_deals_for_one_Symbol_type) with each subsequent opening of a new deal
Max_Deals_for_one_Symbol_type = 10 // The maximum possible number of open trades.
Lots_x = 2.0 // Lot multiplication factor for each subsequent opened deal. If =1 – the lot is the same for all orders.
Volatility_filter_BUY = 100 // Determines the level of market volatility for BUY deals, and is equal to the difference between the resistance line and the support line (1st level) at the interval specified below. Distance in pips (by 4-digits).
Hours__SUP_RES__start_BUY = 264 // The number of bars (M15 by default) from which we start calculating market lows and highs (1st level support and resistance lines for BUY trades). This is the farthest point from the current price.
Hours__SUP_RES__stop_BUY = 96 // The number of bars (M15 by default) up to which the market lows and highs are calculated (1st level support and resistance lines for BUY trades). This is the nearest point from the current price.
Volatility_filter_SELL = 75 // Determines the level of market volatility for SELL deals, and is equal to the difference between the resistance line and the support line (1st level) at the interval specified below. Distance in pips (by 4-digits).
Hours__SUP_RES__start_SELL = 96 // The number of bars (M15 by default) from which we start calculating market lows and highs (1st level support and resistance lines for SELL trades). This is the farthest point from the current price.
Hours__SUP_RES__stop_SELL = 12 // The number of bars (M15 by default) up to which the market lows and highs are calculated (1st level support and resistance lines for BUY trades). This is the nearest point from the current price.
Profit_all_opened_deals_for_one_Symbol_type = 0.20 // The amount of profit on all open trades in % of the account balance.
