Two pending orders (BuyStop and SellStop) are placed with the specified expiration.
Placing two pending orders:
Then we expect operation with only one position — if two positions are opened for any reason, both of them should be deleted:
Managing the open position.
First we check if minimum profit is reached. At the same time, the size of bar 1 must be less than "stabilization of points". If the condition is met, close the position and exit.
Second check — checking simultaneously if absolute profit or loss is reached. If condition is met, close the position.
Results on EURUSD, H1 from 2016.06.01 to 2016.12.21:
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/17246
The Expert Advisor uses the values of two iMA (Moving Average, MA) indicators.Altarius RSI Stohastic
Uses two iStochastic (Stochastic Oscillator) indicators and one iRSI (RSI, Relative Strength Index). Calculates the lot size based on the analysis of closed trades.