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

Tunnel gen4 - expert for MetaTrader 5

Published by:
Vladimir Karputov
Views:
5796
Rating:
(28)
Published:
2018.12.28 13:11
Updated:
2019.01.17 11:29
Tunnel gen4.mq5 (29.93 KB) view
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Idea by: Scriptor

Code mq5 by: barabashkakvn

The EA works on hedge accounts ONLY!

It works on each tick.

The EA works in a cyclic manner: The initial reference point is no open positions on the market. Trading starts with simultaneously opening opposite positions: BUY and SELL with the initial lot size of Start Lots. At the next step (as soon as the price passes the Step), we will open a double-lot-size position:

  • If the price has passed the Step upwards, we will open Sell
  • If the price has passed the Step downwards, we will open Buy

If the price passes one more Step, we will close everything and get a profit or loss, depending on where the price has gone:

Tunnel gen4

This trading system is based on the assumption that the price would rather return than continue its trend.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22659

HLCrossSigForRSI_HTF HLCrossSigForRSI_HTF

Indicator HLCrossSigForRSI with the possibility of changing its timeframe in its input parameters

RSI RFTL EA RSI RFTL EA

An EA based on indicators iRSI (Relative Strength Index, RSI) and RFTL

Hans_Indicator_x62_Cloud_System_Alert Hans_Indicator_x62_Cloud_System_Alert

An indicator of expanding time zone ranges with the background color filling and the midline of the Hans_Indicator range, capable of giving alerts and sending mail and Push messages at the time of breaking through the expanding of the range formed, with the number of price levels increased up to thirty-one

Smoothing Average Smoothing Average

An EA based on indicator iMA (Moving Average, MA). Reverse of signals. Lot size is either fixed or based on risk percentage.