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 09:21
Experts

BreakdownLevelDay - expert for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Published by:
Vladimir Karputov
Views:
587
Rating:
votes: 17

Author of the idea — Vladimir Khlystovauthor of the MQL5 code — barabashkakvn.

The Expert Advisor trades daily breakouts. It places pending BuyStop and SellStop orders.

Quote from the author of the idea:

Trading daily breakouts.
Every day at the specified TimeSet time ("terminal time") pending orders are placed.
After one of the pending orders triggers the second order is deleted.
The pending Buy Stop orders is immediately placed with SL and TP (SL and TP sizes can be changed in the settings), the Buy Stop order is placed at the High of the trading day, above the price by Delta points. 
The pending Sell Stop order is placed immediately with SL and TP. The Sell Stop order is placed at the High of the trading day, below the price by Delta points.



Description of Variables:

  • TimeSet = "07:32" — Time for placing the stop orders. If TimeSet = "00:00", the EA trades the breakout of the previous day.
  • Delta — Above or below the daily extremums.
  • SL — Stop Loss in points.
  • TP — Take Profit in points.
  • risk — If 0, uses fixed lot.
  • NoLoss — If 0, breakeven is disabled.
  • trailing — If 0, trailing is disabled.
  • Lot — Used only if risk = 0.
  • OpenStop — Place stop orders if there is an open order present.

 

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/17058

EMA_WMA EMA_WMA

EMA_WMA - Expert Advisor for MetaTrader 5. Intersection of two iMA (MA).

Exp_RSIOMA Exp_RSIOMA

The Exp_RSIOMA Expert Advisor based on the signals taken from the RSIOMA histogram.

WeightOscillator WeightOscillator

Oscillator, representing the weighted smoothed sum of four indicators: RSI, MFI, WPR and DeMarker.

Exp_BykovTrend_ReOpen Exp_BykovTrend_ReOpen

The Exp_BykovTrend_ReOpen trading system based on the signals of the BykovTrend indicator with scaling by the trend.