Limit and reverse MT4
30 USD
Demo downloaded:
202
Published:
23 December 2015
Current version:
2.0
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Version 2.0
2020.03.28
Limit and reverse MT4 is a flat Expert Advisor with no indicators.
Trading Strategy
Limit and reverse MT4 trades any currency pair and any timeframe. The strategy is based on accompanying an open position with a trailing profit and reversing it when the trailing profit is activated. The first position is opened with the triggering of the SellLimit or BuyLimit order above and below the current price. It is recommended to select flat currency pairs and disable the EA before important events - the interest rate, NonFarm and others.
Inputs
TrailingProfit - main optimized parameter - about 32 points for 4-digit quotes (320 points for 5-digit quotes);
SL - stop loss - about 120 points for 4-digit quotes (1 200 points for 5-digit quotes);
LOT - constant lot size;
magic - magic number for the Expert Advisor to identify its positions.
Trading Strategy
Limit and reverse MT4 trades any currency pair and any timeframe. The strategy is based on accompanying an open position with a trailing profit and reversing it when the trailing profit is activated. The first position is opened with the triggering of the SellLimit or BuyLimit order above and below the current price. It is recommended to select flat currency pairs and disable the EA before important events - the interest rate, NonFarm and others.
Inputs
TrailingProfit - main optimized parameter - about 32 points for 4-digit quotes (320 points for 5-digit quotes);
SL - stop loss - about 120 points for 4-digit quotes (1 200 points for 5-digit quotes);
LOT - constant lot size;
magic - magic number for the Expert Advisor to identify its positions.
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