Whipsaw Reversal
- Experts
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Robert Winata
im a man who likes silence and solitude - Versione: 1.9
- Attivazioni: 5
Whipsaw_Reversal_V1 is an advanced MQL5 Expert Advisor designed for MetaTrader 5, utilizing a high-volatility "Flip-and-Loop" engine . It features a sophisticated market entry, hedging, and flip mechanism optimized for volatile market conditions .
Key Features & Architecture
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Signal & Volatility Filters: Integrates Bollinger Bands (BB) rejection signals and Engulfing candlestick patterns, paired with an Average True Range (ATR) filter to measure and adapt to market volatility .
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Flip-and-Loop Engine: Operates by placing opposing pending stop orders relative to open positions . When market conditions reverse sharply ("whipsaw"), it triggers a flip mechanism that manages open positions and trailing hedges based on preset profit thresholds and time windows .
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Flexible Money Management: Offers a choice between Fixed Lot sizing and Percentage Risk Equity calculation, which dynamically computes lot sizes based on reference Stop Loss points .
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Global Kill-Switch: Built-in safety features that automatically close all positions, delete pending orders, and pause trading operations if predefined Maximum Drawdown Percentage or Daily Profit Targets are reached .
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Cooldown and Protection Windows: Features built-in limits on maximum flips within a specific time window and session limits, implementing a temporary pause (cooldown period) to protect account equity during erratic market swings .
Input Parameters Summary
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General Settings: Configures trade directions ( All , Buy Only , Sell Only ), Magic Numbers, order comments, and slippage deviations .
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Signal & Volatility: Customizes BB periods, deviations, ATR thresholds, and signal toggles .
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Whipsaw Loop: Controls pending order distances, individual Stop Loss/Take Profit per position, maximum flip windows, and cooldown durations .
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Kill-Switch: Sets safety thresholds for maximum equity drawdown and daily profit limits .
