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Bar Runner MT4 eu

This is a simple strategy based on candle patterns (size, ratio of one and others, etc.). This algorithm allows to achieve stable results over a long term. Due to this fact number of optimization parameters is kept to a minimum.

Initially, the EA was developed for trading on EURUSD. Recommended time frame is M5.

Expert Advisor monitoring: https://www.mql5.com/en/signals/110369


Parameters

  • TP — distance to fix profit. If set to 0, it is automatically fixed according to volatility.
  • SL — distance to fix loss. If set to 0, it is automatically fixed according to volatility.
  • TrailingStop — distance at which the Stop Loss will be trailed following the current price, but only if the positions is profitable.
  • TrailingStart — trailing starts when price reaches this value in points.
  • TrailingStep — trailing step.
  • OpenHour — EA operation start hour.
  • EndHour — EA operation stop hour.
  • Lots — fixed lot.
  • Risk — risk level. A lot is automatically selected depending on an available balance.
  • EAComment — comment for orders if necessary.
  • Magic — EA's ID number.
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