Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2007.05.03 16:18
Experts

Frank_ud - expert for MetaTrader 4

| English Deutsch Русский 中文 Español 日本語 Português

Views:
14242
Rating:
votes: 6
Frank_ud.mq4 (6.91 KB)view

At least one position is opened in each direction. First, open two counterpositions with minimal volumes. One of them becomes profitable, whereas the second one loses, of course.


The profitable one will be closed by TakeProfit, and the losing one will be strengthened (by adding lots) at a certain interval. If the trend continues to go in the same direction, strengthen it again. The trend will turn earlier or later.


Every step of strengthening is mde with doubling of the volume, so, after the trend has truned, the last losing position closed by TakeProfit will cover everything with a positive result. Then the operations start with the same: opening with the minimal volume and then step by step as described above.


The initial deposit must be sufficient to cover all necessary steps. The volume on USDCHF ranged from 0.1 to 25.6 (Since February, there have been 9 strengthening steps made 4 times - 4 figures against the trend), so there is a need to have starting deposit of $50000 or more.


Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7097

Waddah Attar Weekly Pivot Fibo Indicator Waddah Attar Weekly Pivot Fibo Indicator

This indicator Draw True Weekly Pivot Line and seven levels Up ( R1,R2,R3 ... ) and seven levels Down ( S1,S2,S3 ...).

Waddah Attar Pivot Fibo Dayly Indicator Waddah Attar Pivot Fibo Dayly Indicator

This indicator Draw True Pivot Line and seven levels Up ( R1,R2,R3 ... ) and seven levels Down ( S1,S2,S3 ...) with back test.

Waddah Attar Dayly CAMERILLA Waddah Attar Dayly CAMERILLA

This Indicator Draw Dayly CAMERILLA Levels H1 H2 H3 H4 L1 L2 L3 L4 with back test.

Waddah Attar Weekly CAMERILLA Waddah Attar Weekly CAMERILLA

This Indicatro Draw Weekly CAMERILLA Levels H1 H2 H3 H4 L1 L2 L3 L4 with back test.