Definition
DoubleUp is a Server Side VTL
Expert Advisor for VertexFX.
This expert advisor based on two
main factors and they are as follows:
- MACD (Moving Average Convergence-Divergence)
-CCI (Commodity Chanel Index).
The
expert advisor automatically places an order when the market trend fulfills the
predefined conditions of the expert advisor & based on these conditions
either buy or sell order is placed.
When starting Expert
at server, it will start analyzing the current trend of market and keep
checking for highest level & lowest level values of the MACD and CCI. On
the basis of these values the Doubleup expert advisor decides whether the buy
order of set order to be placed.
How it works?
When both MACD and CCI
calculation values reaches lower levels Doubleup expert advisor will wait until
the CCA reaches upper value level & will open a buy order.
When both MACD and CCI
calculation values reaches upper levels expert advisor will wait until the CCA
reaches lower level & will open a sell order.
Notes:
- DoubleUp only places either a
buy order or a sell order at the same time.
- The expert advisor does not set
take-profit (TP) and stop-loss (SL) setting for Buy or Sell orders.
C:\ProgramData\VertexFX Client Terminals\"Company
name"\VTL10\Local VTL Files.
Then right click on the tree and select refresh or restart your client station and you will find it under VTL server scripts in your client terminal.
For more information about the Doubleup
expert adviser you can check this video: