Oberon iMA

Overview of Oberon iMA

• Oberon iMA is a sophisticated Expert Advisor (EA) designed for trading in the Forex market, comprising 15 separate blocks known as mini Expert Advisors.
• This EA is particularly noted for its ability to sum up profits and spread out drawdowns over time, giving traders a unique edge.
• Each block operates independently, allowing for customization based on individual trading preferences.

Functionality and Features

• The EA is equipped with individual input data parameters for each of its 15 blocks, enabling tailored trading strategies.
• Symbols can be repeated across multiple blocks, allowing for flexible trading configurations.
• Oberon iMA must be installed on a single chart, facilitating intuitive management of trades.
• The system supports a hedging account type, making it suitable for various trading approaches.
• It operates efficiently under different trading conditions, provided the EA is optimized accordingly. ⚙️

Signals and Performance

• Position opening signals are generated when price breaks through the iMA indicator, while closing signals are based on reaching a specified Take Profit level.
• To optimize performance, the EA should be adjusted according to the specific trading conditions of the user's account.
• Each block of the EA must be tested separately to ensure its effectiveness in different market states.

Input Parameters

• PERIOD_: Adjusts the timeframe for trading, independent of the chart's time.
• Auto_Lot_: Controls the automatic increase in lot size based on account balance.
• Magic_: Each block has a unique identifier enabling them to function independently.
• Trade_: Enables or disables individual trading blocks according to the user's strategy.
• Ma_period and Ma_shift: Define the averaging period and the horizontal shift for the iMA indicator, respectively.

Testing and Optimization

• When testing Oberon iMA, careful attention must be paid to simulation modes to ensure accurate performance assessments.
• It's essential to have sufficient system resources for smooth operation, especially when running multiple blocks simultaneously.
• For optimal results, users are encouraged to conduct backtesting and forward testing on demo accounts first. 📈