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

Views:

3154

Rating:

(10)

Published:

23 August 2018, 13:35

\MQL5\Include\

TradeAlgorithms.mqh (229.96 KB) view

\MQL5\Indicators\

CandleStop_System.mq5 (18.05 KB) view

Exp_CandleStop_System_Tm_Plus.mq5 (15.79 KB) view

Download as ZIP How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The trading system based on CandleStop_System indicator signals with the possibility to set a fixed position holding time. The signal is formed when a bar is closing if there is a channel breakthrough. Once position holding time exceeds a preset fixed limit, the position will be closed immediately:

input bool   TimeTrade=true;      //Enabling position exit by time
input uint   nTime=1920;           //Open position holding time in minutes

This Expert Advisor uses the compiled indicator file CandleStop_System.ex5 for operation. Place it to <terminal_data_folder>\MQL5\Indicators.

Default Expert Advisor's input parameters have been used during tests shown below.

Fig. 1. Examples of trades on the chart

Testing results for 2017 on EURJPY H8:

Fig. 2. Testing results chart

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21541

Exp_AbsolutelyNoLagLwma_Range_Channel_Tm_Plus

The trading system based on AbsolutelyNoLagLwma_Range_Channel indicator signals with the possibility to set a fixed position holding time.

Exp_XPeriodCandleSystem_Tm_Plus

The trading system based on XPeriodCandleSystem indicator signals with the possibility to set a fixed position holding time.

Open_Oscillator

Market status indicator with signal lines.

Projection_Bands

Projection Bands indicator.

Exp_CandleStop_System_Tm_Plus - expert for MetaTrader 5