The Expert Advisor for trading GBP/USD M5. It is based on the strategy of microtrend detection, market entry (and exit) points are calculated based on the correlation of indicators. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It is also possible to set the maximum spread, above which the EA will automatically suspend trading (the MaxSpread parameter). It uses an efficient trailing, which automatically adjusts the takeprofit and stoploss parameter to receive additional profit and minimize the losses. The product works both on 4 and 5-digit quotes.
- TakeprofitS - take profit for sell orders.
- StoplossS - stop loss for sell orders.
- TakeprofitL - take profit for buy orders.
- StoplossL - stop loss for buy orders.
- FixedLot - fixed lot size.
- AutoMM - risk limit (as a percentage).
- MaxSpread - maximum spread, above which the trading will be suspended.
- MagicNumber - any unique number that distinguishes this EA.