The Expert Advisor trades only Forex currencies on hedge accounts.
The strategy depends on the selected trading mode.
Trade mode - Weekly/Daily. This means that the trading cycle is limited by a week or a day. Lot size - fixed lot size. Set manually. The bar number of open positions - bar index from the start of the selected trading period for opening Limit or Stop orders. In case of Weekly mode, Н4 bars are considered. In case of Daily, Н1 bars are considered. The closing...
The Expert Advisor is only designed for trading forex pairs.
Expert Advisor Parameters
Period Average True Range - indicator period The closing hour of trade - time to close positions and delete pending orders on Friday Lot size Take profit - take profit in points Slippage breakeven - distance in points to take into account possible slippage, commission and swap. Magic number - the identifier of orders and positions. At the beginning of the week, wait for the...
This indicator changes the standard MetaTrader 5 candles to candles at the selected BID, ASK or Average price (BID+ASK)/2.
Simply attach the indicator to the chart and select the prices to plot the candles or bars.
ENUM_DRAW_TYPE - plot candles or bars on the chart For the price - the price for plotting the candles or bars The chart returns to its normal visualization mode after removing the indicator.
The indicator displays trend slowdown or possible end of trend and price reversal.
The indicator has no parameters.
When red bars appear and when they become shorter, we can talk about the approaching end of the downtrend.
When green bars become shorter, we can expect the approaching end of the uptrend.
This is a simple trend strategy for Forex.
Recommended timeframe is H1, the default settings are for the GBPUSD currency pairs (for other timeframes and currency pairs, it is necessary to select other indicator settings).
The following indicators are used in the strategy:
Exponential Moving Average: EMA (4) — blue Exponential Moving Average: EMA (13) — green Exponential Moving Average: EMA (50) — orange. Stochastic Oscillator (12,9,5), levels — 20, 40, 60, 80. A buy trade...
The Expert Advisor trades using the Martingale system, it is designed for trading currency pairs only. Does NOT work with metals.
To start working, set the direction of the first main order (MO) - Buy or Sell.
The EA is constantly working: if a series of orders is closed, the next series is immediately opened.
The direction depends on the result of the closed MO: if the result is positive, the next MO is opened in the same direction.
If the result is negative, then the new MO is opened...
This is an unusual representation of the Average Directional Movement Index. The indicator has been developed at the request of a trader and for the purposes of learning the development of indicators in MQL5.
The line shows the same as the standard Average Directional Movement Index (ADX); The upward histogram shows the difference between +DI and -DI, when +DI is above -DI; The downward histogram shows the difference between +DI and -DI, when +DI is below -DI.