Gap EA

Gap EA is an automated trading system, which uses regularities of a price gap closing.

It is known that in about 90% of cases the gaps are likely to close, i.e. the price almost always approaches to the close price of the previous bar. The Expert Advisor utilizes this principle.

The robot tracks the gap and places an order with a take profit at the extreme of the gap, with a small stop loss.


Parameters

  • MAGIC - magic number for the EA's orders
  • Lots - traded lot size
  • Stop - fixed stop loss in points
  • MM - using money management
  • MMRisk - coefficient of lot linear dependence on funds in money management
  • Spread - maximum allowable spread value
  • Reverse - using a reverse after stop loss triggering
  • RevStop - fixed stop loss in points for the reverse trade
  • RevTake - fixed take profit in points for the reverse trade
  • Profit Trailing - using the trailing stop function (true/false)
  • Trailing stop - fixed trailing stop value (in points)
  • Trailing step - step of trailing stop
  • Slippage - allowable slippage


Operation Instructions

The trading robot can be used on any accounts with any leverage.

Recommended timeframe - М1.

The robot should be used on accounts with the minimum possible spread. If possible, use a broker with a fixed spread.

In case of floating spread, set the Spread parameter to a value not smaller than minimum spread of a given account.

Important! Be sure to optimize the Expert Advisor before using it on a live account!

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Bitcoin Robot MT4
MQL TOOLS SL
4.64 (66)
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
Forex Diamond EA
Lachezar Krastev
5 (5)
WINTER SALE — FINAL DAYS! Get Forex Diamond EA with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Sale Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO  A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Forex Diamond EA – Relia
EA Gold Algo
Mohamed Hassan
4.33 (3)
EA Gold Algo is a professional Expert Advisor specifically designed for Gold (XAUUSD) trading. It is engineered to capture extremely fast price movements  that occur when price escapes key structural zones with momentum. Gold is known for sharp expansions and aggressive volatility. EA Gold Algo is built to operate in these conditions with high-precision execution, strict risk control, and fast reaction speed . The EA does not use grid or martingale techniques . Each trade is executed independe
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Profalgo Limited
4.67 (3)
Promotion de lancement : Seulement 1 exemplaires disponibles à 399$ Prix ​​final : 2000$ Il n'y aura qu'un nombre limité d'exemplaires vendus de cet EA Libérez la puissance de l'intelligence artificielle et portez votre trading à des sommets sans précédent avec le   Luna AI Pro EA   , le robot de trading "mean reverse" le plus avancé du marché. Conçu pour répondre aux besoins des traders chevronnés et des débutants, ce système de pointe piloté par l'IA est équipé d'un large éventail de fonctio
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Endeavor EA
Yuriy Kuzmin
Endeavor EA does not use indicators. It trades the strategy based on trading by hours and the breakout of support and resistance levels. Logic of the EA: it trades during the active phases of the Asian, European and American sessions and allows you to capture almost all the daily trend. It analyzes the history and places pending orders to follow the market direction in case of a breakout. The EA provides the options to close orders by profit or by time. When the price moves in the favorable dire
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