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Experts

Angry Bird (Scalping) - expert for MetaTrader 5

Published by:
Vladimir Karputov
Views:
12222
Rating:
(37)
Published:
2017.01.26 09:32
Updated:
2018.06.26 12:50
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Author of the idea — Bima Setyawanauthor of the MQL5 code — barabashkakvn

It uses the iCCI(CCI, Commodity Channel Index), iRSI(RSI, Relative Strength Index) indicators. 

Recommended timeframe is H1. 

Expert Advisor inspired by Ilan 1.6.

The EA with functions very sensitive to price movement, equipped with various tools:

  • stop trading at a certain decrease in equity;
  • trailing stop;
  • equity risk management;
  • use of a timeout;
  • hours for opening maximum deals and others.

Rule: use a pair with minimum spread. For example, use EURUSD with the 1-minute timeframe.

Good luck! 

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/17122

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