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GatorDeviation Breakout

5
The given MQL5 code is for an Expert Advisor (EA) that implements a trading strategy using the Alligator indicator and the Standard Deviation indicator. Here's a breakdown of the code:

The code defines various input parameters for the EA, including entry lots, stop loss, take profit, indicator parameters, and expert settings.
The OnInit() function initializes the EA by setting some variables and validating the initialization.
The OnTick() function is called on each tick of the price data and checks if a new bar has formed. If so, it calls the OnBar() function.
The OnBar() function is the main logic of the EA. It updates the current position, checks if the position needs to be closed, manages trailing stops, and determines whether to open a new position based on the entry signal.
The UpdatePosition() function retrieves the current position information for the specified symbol and magic number.
The InitIndicators() function initializes the indicators used in the strategy (Alligator and Standard Deviation).
The GetEntrySignal() function calculates the entry signal based on the indicator values and returns either OP_BUY, OP_SELL, or OP_FLAT (no signal).
The ManageClose() function checks if the position needs to be closed based on the indicator values.
The OpenPosition() function opens a new position based on the given command (OP_BUY or OP_SELL) and calculates the stop loss and take profit levels.
The ClosePosition() function closes the current position by sending an opposite order.
The ManageOrderSend() function sends an order (market or pending) with retry logic.
The ModifyPosition() function modifies the stop loss and take profit levels of an existing position.
The CheckOrder() function checks if an order is valid using OrderCheck() and handles error conditions.
The GetStopLossPrice() and GetTakeProfitPrice() functions calculate the stop loss and take profit prices based on the current bid/ask and specified parameters.
The GetTrailingStopPrice() function calculates the trailing stop price for the current position.

Preferred: EURGBP H1

Preferred brokers: Octafx incorporated.


Avis 1
Andiray
436
Andiray 2023.12.21 08:46 
 

Great EA. Thanks a lot. Works profitable on my Demo Acc.

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Daytrade Pro Algo MT5
Profalgo Limited
4.5 (10)
Promotion de lancement : Nombre limité d'exemplaires disponibles au prix actuel Prix ​​final : 990$ NOUVEAU : obtenez 1 EA gratuitement !   (pour 2 comptes commerciaux) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bienvenue sur DayTrade Pro Algo !   Après des années d'étude des marchés et de programmation de différentes stratégies, j'ai trouvé un algorithme qui a tout ce dont un bon système de tradi
Quantum Trade EA MT5
Bogdan Ion Puscasu
4.79 (138)
Présentation       Quantum Trade EA   , le conseiller expert MQL5 révolutionnaire qui transforme la façon dont vous négociez la prestigieuse paire GBPUSD ! Développé par une équipe de traders expérimentés avec une expérience de trading de plus de 13 ans, Quantum Trade       EA est conçu pour propulser votre parcours commercial vers de nouveaux sommets grâce à sa stratégie de zone d'évasion innovante et dynamique. IMPORTANT! Après l'achat veuillez m'envoyer un message privé pour recevoir le man
Darwin Swing MT5
Guillaume Duportal
4.92 (38)
Darwin SWING Prix de lancement 999 USD , futur prix 1490 USD DESCRIPTIONS : -- Pour comprendre le fonctionnement, venez lire le blog (Cet EA reflète ma philosophie du trading forex…Si vous aimez ma façon de voir les choses, alors vous aimerez mon EA. Prenez le temps de le faire !! (Le forex n’est pas une course) : https://www.mql5.com/en/blogs/post/745790 -- Pour voir les performances passées voici les liens des signaux Live et démo signals : https://www.mql5.com/en/users/tradedea
Dark Algo MT5
Marco Solito
5 (40)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
Forex GOLD Investor MT5
Lachezar Krastev
4.88 (49)
SHOCK DEAL --> JUST RELEASED UPDATE + DISCOUNT + BONUS EA Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously to get the most successful results. You do not need to do any optimizations if you use the default settings
Scalper Deriv
Antonio Simon Del Vecchio
5 (9)
Présentation de Scalper Deriv : Élevez votre expérience de scalping. GRANDE OFFRE POUR UNE DURÉE LIMITÉE Maintenant $350, avant $400. Profitez-en dès maintenant ! Obtenez 1 EA gratuitement (pour 2 comptes de trading) -> contactez-moi après l'achat. Setfiles et plus   ici Êtes-vous parmi les traders qui trouvent leur passion dans le scalping et souhaitent maximiser leur capital ? Que votre solde soit de $20, $200, $2000, $20000 ou même $200000, nous avons la solution parfaite pour vous ! Nou
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EvolutionaryTrader
Dipak Dilip Reddy
5 (1)
The provided code is an example of an Expert Advisor (EA) written in MQL5, a programming language used for creating algorithmic trading systems in MetaTrader 5. Here is a breakdown of the code: The code begins with various input parameters and settings defined using the input keyword. These parameters allow customization of the EA's behavior, such as entry lots, stop loss, take profit, and indicator parameters. Several constant values and variables are declared, including session time setti
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This strategy uses two indicators: Commodity Channel Index (CCI) and Envelopes. It opens a buy position when the CCI crosses above the lower level and closes it when the price crosses above the upper band of the Envelopes. It opens a sell position when the CCI crosses below the upper level and closes it when the price crosses below the lower band of the Envelopes. It also uses a fixed stop loss and take profit, and a trailing stop based on the previous bar’s high or low. It has some parameters t
The code is a trading robot that uses two indicators moving averages crossover and envelopes. It opens a buy or sell trade when the fast moving average crosses the slow moving average and the price is above or below the envelopes. It closes the trade when the opposite signal occurs or when the stop loss or take profit is reached. It also has some session settings to limit the trading hours and days. The code has some input parameters to adjust the trade size, stop loss, take profit, magic number
Here's a short note explaining some of its key aspects: The code starts with defining various input parameters such as entry amount, stop loss, take profit, and indicator parameters. The code includes functions and variables to manage trading positions, handle position updates, and check entry signals. The OnInit() function is called when the EA is initialized and performs necessary initialization tasks. The OnTick() function is called on each tick and checks if a new bar has formed, then cal
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Andiray
436
Andiray 2023.12.21 08:46 
 

Great EA. Thanks a lot. Works profitable on my Demo Acc.

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