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True Range S

NOTHING EXTRA, JUST THE RESULT


True Range S EA analyzes price changes during the Asian session and, after detecting a strong movement, opens positions in the opposite direction. If the movement continues in the negative direction, True Range S adds positions with the same volume.

True Range S is the lite version of True Range Pro MT4 EA.


Features

  • 100% automated trades
  • Hard stoploss for every position
  • Dynamic basket takeprofit
  • High spread protection
  • Fixed & Auto volume
  • Optimized in 2010-2022 (Weltrade quotes, 100% history quality)
  • Backtesed in 2010-2022  (Weltrade quotes, 100% history quality)


    True Range S MT5 >> https://www.mql5.com/en/market/product/84312


    Monitoring 


    Telegram 


    Recommendations


    Input parameters

    • Magic - magic number
    • Comment - comment
    • Order Max - max allowed amount of positions for each direction
    • Lot Max - max allowed volume of each position, lot
    • Spread Max - max allowed value of the spread for opening / modifying / closing a position, point
    • Direction - allowable positions type
      • LongAndShort
      • OnlyLong
      • OnlyShort
    • Takeprofit on Bar - getting takeprofit on bar / tick
    • --- Volume ---
    • Volume Type 
      • LotManual - based on Lot Main
      • LotAuto - based on Factor Auto
    • Lot Main - main lot (valid with LotManual / LotAuto), lot
    • --- Levels ---
    • Stoploss - stoploss of each position, point
    • Takeprofit - takeprofit of the basket (< Takeprofit Number positions), point
    • Takeprofit Number - number of positions to change takeprofit
    • Takeprofit 2 - takeprofit of the basket (>= Takeprofit Number positions), point
    • Grid - min grid step, point
    • --- Time ---
    • Hour Start - hour to open a position, hour
    • Hour End - hour to stop opening a position, hour
    • Stopped - stop a new cycle
    • --- Indicators ---
    • RSI Period - period of RSI
    • RSI High Level - upper level of RSI
    • ATR Period - period of ATR
    • ATR Counter - counter of ATR
    • ATR Factor - last ATR to total ATR ratio
    • --- Graphics ---
    • Color Buy - Buy levels color
    • Color Sell - Sell levels color
    • Display Trades - display the trades


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