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2017.01.19 16:57

OpenTicks - expert for MetaTrader 5

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Published by:
Vladimir Karputov
votes: 15
OpenTiks.mq5 (20.86 KB)view

Author of the idea — Maksim Zerkalov, author of the mq5 code — barabashkakvn.

When opening a new bar, the EA analyzes the value of the previous four bars:

   if(iHigh(1)>iHigh(2) && iHigh(2)>iHigh(3) &&
      iHigh(3)>iHigh(4) && iOpen(1)>iOpen(2) &&
      iOpen(2)>iOpen(3) && iOpen(3)>iOpen(4))
   if(iHigh(1)<iHigh(2) && iHigh(2)<iHigh(3) &&
      iHigh(3)<iHigh(4) && iOpen(1)<iOpen(2) &&
      iOpen(2)<iOpen(3) && iOpen(3)<iOpen(4))

When we have an open position, then the "HalfLots" variable value is checked in the

void TrailingStairs(ulong m_ticket,ushort trldistance)

trailing block. In other words, the system checks if it is possible to partially close a profitable position. If "HalfLots==true", the position is closed partially:


Translated from Russian by MetaQuotes Software Corp.
Original code:

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