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BARS Alligator - expert for MetaTrader 5

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Published by:
Vladimir Karputov
votes: 8
2018.10.25 18:06

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 Software Corp.
Original code:

X2MACandle_Chl_HTF X2MACandle_Chl_HTF

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

Exp_Skyscraper_Fix_ColorAML_X2MACandle_MMRec 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

CCI OBOS With Confirmation indicator

Breakout_RSI Breakout_RSI

Breakout RSI indicator