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

2017.01.26 09:18
Experts

10 pips - expert for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Published by:
Vladimir Karputov
Views:
705
Rating:
votes: 14
10_pips.mq5 (16.89 KB)view

Author of the idea — Yuriauthor of the MQL5 code — barabashkakvn

Pipsing EA. Take Profit is set at 10 pips. Different Stop Loss and Take Profit levels are provided for Buy and Sell orders.

The peculiarity of the strategy is the lack of indicators use.

The algorithm of trading strategy:

  1. Open the Daily chart of the EURUSD pair, lots 0.1. 
  2. When a new candle (bar) forms open two deals simultaneously (buy and sell) with take profit at 10 points.
  3. TrailingStop and StopLoss should be set at 50 points.
  4. If one of the trades is closed, an additional position should be opened in the direction of the remaining one.
Exit from trades should be performed by stop loss or take profit in all cases. 

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/17039

TREND_alexcud v_2 TREND_alexcud v_2

The EA uses 15 IMA indicators and two iAC indicators.

ADX System ADX System

The Expert Advisor is based on the signals of the iADX (Average Directional Movement Index) indicator.

Fractal_Force_Index_HTF Fractal_Force_Index_HTF

The Fractal_Force_Index indicator with the timeframe selection option available in the input parameters.

Exp_Fractal_Force_Index Exp_Fractal_Force_Index

The simplest EA based on the fractal Force_Index.