Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Experts

Daily BreakPoint - expert for MetaTrader 5

Published by:
Vladimir Karputov
Views:
5058
Rating:
(22)
Published:
2018.01.22 09:54
Updated:
2018.02.28 14:16
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Author of the idea: Gusti Risyadi Noor, author of the mq5 code: barabashkakvn.

Breakout of the daily bar at the distance of "Daily Break" points.


Input Parameters

  • Lots manual - enable/disable manual setting of lot value;
  • Lots - position volume (manual input);
  • Risk - position volume as percent of free margin;
  • Stop Loss
  • Take Profit
  • Close by signal - reversing position opening direction;
  • "Daily Break" Break point - the size of the breakout;
  • "Daily Break" Last bar size min - the minimum bar size;
  • "Daily Break" Last bar size max - the maximum bar size;
  • "Daily Break" Trailing stop - trailing value;
  • "Daily Break" Trailing step - trailing step value.

The strategy works well on the H1 timeframe:

Daily BreakPoint AUDNZD,H1

Daily BreakPoint USDJPY,H1

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19498

KDJ Expert Advisor KDJ Expert Advisor

An Expert Advisor based on "KDJ Indicator"

KDJ Indicator KDJ Indicator

KDJ Indicator Oscillator

FractalLevels_System FractalLevels_System

The indicator implements a breakout system using the Fractal_Levels indicator channel.

20 Pips Opposite Last N Hour Trend 20 Pips Opposite Last N Hour Trend

Trading against the trend direction as of N hours ago.