Cerberus EA

Cerberus EA is a fully automated grid advisor based on signals from the Bollinger Bands and RSI indicators. Its key feature is a multi-level risk management system designed to protect the deposit in aggressive market conditions.

**Strategy Logic**

• Entry Signal: Searches for reversal points using Bollinger Bands and RSI.

• Averaging: When the price moves against a position, a grid of orders is opened with a specified step (GridStep).

• Lot Increase: Each subsequent order in the grid can have an increased lot size (LotMultiplier).

• Closing: The entire grid is closed upon reaching a total take profit in points (GridTakeProfitInPoints).

**Key Risk Management Features**

• Basket Stop Loss: Limits the loss for an entire series of orders (in currency or as a % of equity).

• Account Protection: A complete stop of trading upon reaching a specified total account drawdown.

• ADX Trend Filter: Blocks the opening of new grids during strong trend movements.

• Higher TF Filter (H4): Allows opening trades only in the direction of the global trend.

• Friday Close: Automatic closing of all positions at the end of the trading week.

**Parameters**

• RISK MANAGEMENT

• GridStopLossInEquityPercent: Basket stop loss as a % of equity (0 = off).

• MaxAccountDrawdownPercent: Maximum account drawdown in %, at which the EA stops.

• UseADXFilter / ADXFilterLevel: Enable and configure the ADX filter.

• FridayClose / FridayCloseHour: Enable and configure the Friday close.

• H4 Trend Filter

• UseH4TrendFilter: Enable the H4 filter.

• H4_MAPeriod / H4_MAMethod / H4_MAPrice: H4 MA parameters.

• Lot Sizing Settings

• UseDynamicLot: Use dynamic lot sizing.

• InitialLot: Initial lot size.

• BalanceForLotStep / BaseLot: Parameters for dynamic lot.

• Grid & Martingale Settings

• GridStep: Grid step in points.

• MaxGridOrders: Max orders in the grid.

• LotMultiplier: Lot multiplier.

• GridTakeProfitInPoints: Grid take profit in points.

• Other Settings

• Signal, Trailing Stop, and Time Filter parameters are self-explanatory.

**Recommendations**

• Timeframe: M30

• Instruments: EURUSD, GBPUSD, EURGBP

• Broker: ECN with low spread

• VPS: Highly recommended