Name: BARS Alligator
Rating: 3.9444444444444446 (16 reviews)
Author: Vladimir Karputov

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

Published by:

Vladimir Karputov

Views:

4016

Rating:

(16)

Published:

2018.10.25 18:06

BARS Alligator.mq5 (49.83 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 author of the idea - Michael

mq5 code author - barabashkakvn

The EA only operates when a new bar appears. If we set Maximum positions to "1", the EA works on netting accounts as well. Trading signals are taken from bars #1 and #2 of the iAlligator (Alligator) indicator.

It is possible to specify stop loss (Stop Loss), take profit (Take Profit) and trailing.

A position size can be set as a fixed volume (set Money management to Constant lot) or a dynamic one - in risk % (set Money management to Risk in percent for a deal). The value for "Money management" defines a lot size or a risk %, accordingly.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22384

X2MACandle_Chl_HTF

The X2MACandle_Chl indicator with the timeframe selection option available in the input parameters

Exp_Skyscraper_Fix_ColorAML_X2MACandle_MMRec

Three independent trading systems using Skyscraper_Fix, ColorAML and X2MACandle indicators within a single EA with an ability to change the volume of a forthcoming trade depending on the results of the previous trades for this trading system

CCI_OBOS_With_Confirmation

CCI OBOS With Confirmation indicator

Breakout_RSI

Breakout RSI indicator

BARS Alligator - expert for MetaTrader 5