Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2016.06.10 16:47
Experts

Reco system - expert for MetaTrader 4

| English Español Português 日本語 Deutsch

Views:
7333
Rating:
votes: 21
reco.mq4 (7.68 KB)view

It is a recovery system implemented in EA. But you can copy it to any other EAs.

System makes buy (first order,but you can set another rule for it) than if price goes up,order closes.

If price goes down, EA opens sell at buy price-distance. If price not takes overall profit and goes up, than EA open buy at sell price+distance*multiplier and so on.

Distance, lot, profit have settings of multiplier.

User can increase or decrease distance, lot and overall profit depends on number of opened orders.

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

Example of MACD Automated Example of MACD Automated

Code example of MACD automated with advanced money management function.

Pivot Star Pivot Star

Pivot indicator. Standard, Fibonacci, Camarilla, Woody's, Demark. Calculates pivot points from previous bar of chosen period (M5 - MN).