Name: FX-CHAOS_SCALP
Rating: 3.5 (10 reviews)
Author: Vladimir Karputov

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Published by:: Vladimir Karputov
Views:: 3360
Rating:: (10)
Published:: 2018.06.16 10:02

\MQL5\Experts\

FX-CHAOS_SCALP.mq5 (36.1 KB) view

\MQL5\Indicators\

ZigZag on Fractals.mq5 (13.91 KB) view

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Idea by: Pavel.

MQL5 code by: Vladimir Karputov.

The FX-CHAOS_SCALP trading strategy. No more than one position is in the market at a time. The EA uses the ZigZag on Fractals indicator, a ZigZag based on fractals.

when referring from the EA to the ZigZag on Fractals indicator data, the data should be taken from bar #3, while it is useless to take indicator data from bars #2, #1, and #0, since the ZigZag on Fractals indicator does not plot on them:

FX-CHAOS_SCALP Use only

Inputs

Lots - the size of the position to be opened;
Stop Loss - Stop Loss;
Take Profit - Take Profit;
magic number - the unique EA identifier;
slippage - slippage.

Exemplary test on real ticks, for GBPUSD,H1:

FX-CHAOS_SCALP

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20527

ZigZag on Fractals

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Inputs