Watch how to download trading robots for free
Find us on Telegram!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Views:
3881
Rating:
(20)
Published:
2012.11.21 10:19
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

This Expert Advisor is rewritten from MQL4 and was originally published here https://www.mql5.com/en/code/8213 by its author kanskigor.

How It Works

The Expert Advisor determines the direction of the last daily bar at a set time and opens a position in the opposite direction (provided that there is no open position).

The image below shows the performance of the Expert Advisor in the strategy tester's visual mode.

 

Parameters

  • Lots - Position volume.
  • Profit - Take Profit in points. 0 - no Take Profit.
  • Stop - Stop Loss in points. 0 - no Stop Loss.
  • Slippage - Permissible slippage in points.
  • Symb - trade symbol. If the value is *, then the chart symbol is used.
  • StartTimeHour - The hour when the position opens.
  • StartTimeMinute - The minute when the position opens.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1086

Divergence Trader Divergence Trader

The Expert Advisor operating based on divergence of two moving averages.

TEMA Band TEMA Band

An indicator similar to Bolinger Band.

starter starter

The Expert Advisor based on the following indicators: Laguerre, CCI and MA.

Exp_Bezier Exp_Bezier

The trading system based on the change in the direction of a universal Bezier curve.