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Gap Time MT5

The EA determines the gap (GAP) in quotes every Monday and enters the direction of closing this gap. The built-in algorithm for analyzing the situation on the market avoids unprofitable entries, and the orders support module makes additional profit.

Monitoring: www.myfxbook.com/members/inttradeprofi/gaptime-first/6427281

Benefits:

  • martingale, grids, outings and other high-risk trading strategies are not used;
  • each order is protected by stop loss;
  • a high degree of correct entries due to the invariable regularity in the Forex market and the internal algorithm for dropping losing orders;
  • precise risk control, which includes 3 options for managing Money Management.

Trading recommendations (per 0.01 order volume):

  • Minimum deposit: $ 100;*
  • Traded timeframe: D1;
  • Type of account: any, preferably ECN, to reduce the spread when opening the market on Monday.

* - minimum deposit is calculated on the basis of optimization and testing.

Main parameters:

MoneySettings
-
selection of risk control (Money Management)
Risk
-
percentage of risk calculated by Stoploss
Lot
-
fixed order volume
LotBalance
-
the number of deposit units, after which the volume will grow
MinSize
-
minimum gap size
Stoploss
-
fixed stoploss
StartTrail
-
start trail orders
StepTrail
-
step trail orders
GapClose
-
enable closing an order when reaching GapCloseCoef
GapCloseCoef
-
gap share, after which the order will be closed
FilterSpread
-
spread filter
MagicNumber
-
unique number
Comm
-
comments orders
PanelInfo
-
visual panel display

All values in points are indicated in a 4-digit format, with a 5-character translation is carried out automatically.

All tests are executed at 100% of the quotes with a real spread, slippage, execution of stop loss, as well as a commission included for execution closer to real trading.

Important: before installing the adviser on a real account, be sure to download and test it, correctly calculate your risks; if you have any questions, be sure to ask in the advisor's topic or in personal messages.

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