MetaTrader 5
Experts
Indicators
Scripts
Libraries
StorageJoin our fan page
- Published by:
- Vladimir Karputov
- Views:
- 13373
- Rating:
- Published:
- 2019.02.07 08:58
-
You are missing trading opportunities:- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration Log inYou agree to website policy and terms of use
If you do not have an account, please register -
Need a robot or indicator based on this code? Order it on Freelance
Go to Freelance
Idea by: eugene-last
mq5 code by: barabashkakvn
The EA hedges a too losing position.
Suppose thereis an open BUY position on a given symbol (the position has been opened by another EA or manually). As soon as the losses on this position, in pips, exceed the pre-defined level of Drawdown (opening a hedge), the EA will open a hedging SELL position with the same lot size. Then that new SELL position will be tracked and, as soon as its losses, in pips, exceed the predefined level of Drawdown (closing the hedge), the EA will close that hedging SELL position.
To demonstrate how it works, a BUY position opening operation was added for the TESTER mode only.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23511
Ingrit
Comparing OHLC on timeframe M5
Starter
Three timeframes. One iMA (Moving Average, MA) and one iStochastic (Stochastic Oscillator) on each timeframe
Stochastic_Convergence_Divergence
Indicator Two Stochastics with MA Smoothing and Convergence Divergence line
Market_Sessions
Indicator Market Session