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Experts

HarVesteR - expert for MetaTrader 5

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Published by:
Vladimir Karputov
Views:
427
Rating:
votes: 21
Published:
2017.11.03 12:36
HarVesteR.mq5 (47.5 KB)view

Author of the idea:  Yuri, mq5 code author: barabashkakvn.

The HarVesteR Expert Advisor closes a half of the profitable position when the following condition is fulfilled: the distance between the current position price and the position open price is equal to

StopLoss* ratio "Half-of-position closing ratio"

The EA additionally moves the position to breakeven.


Input Parameters

  • MACD: period for Fast average calculation - fast moving average period.
  • MACD: period for Slow average calculation - slow moving average period.
  • MACD: period for their difference averaging - the period for averaging the difference.
  • Number of bars MACD (only >= 1) - the number of MACD bars to search for high and low.
  • MA #1: averaging period - Moving Average #1 averaging period.
  • MA #2: averaging period - Moving Average #2 averaging period.
  • Minimal indentation (in pips) - the minimum distance between the price and the Moving Average.
  • Number of bars Stop loss (only >= 1) - the number of bars for calculating stop loss.
  • ADX enable: true → use adx, false → const "60" - allow/prohibit using the values of the ADX indicator.
  • Buy Level ADX (use only if "ADX enable == true") - ADX value for opening BUY positions.
  • Sell Level ADX (use only if "ADX enable == true") - ADX value for opening SELL positions.
  • ADX period - averaging period of Average Directional Movement Index.
  • Half-of-position closing ratio (only >= 2) - stop loss increase ratio.
  • Lots - position volume.

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/19166

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