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

2010.06.10 08:18
Experts

Progressive Grid Positionning System (Entry and Exit) - expert for MetaTrader 4

| English Español Português 日本語 Deutsch

Views:
10092
Rating:
votes: 1
Colibri.mq4 (55.11 KB)view

Description:

This system allows you to progressively enter and exit the market, by allowing you to define several levels.

Basically it first calculates the risk based upon the amount you defined in %.

Then according to this risk and the amount of levels you defined calculates the position size of the different trades to send.

You have two modes to place the exit levels, so it is up to you.

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

Holt's double exponential smoothing trend Holt's double exponential smoothing trend

Holt's double exponential smoothing - the trend component (mt4 version).

Holt's double exponential smoothing (mt4 version) Holt's double exponential smoothing (mt4 version)

Holt's double exponential smoothing with linear forecasting.