The punched range

Operation principles

The Expert Advisor works on any timeframe and symbol.

The main idea: flat is always followed by a strong movement.

The EA determines when the price is located within a particular Delta_Range price range for a certain amount of time set in Time_Minus_Minut. Both parameters are customizable.

The robot sets two BUYSTOP and SELLSTOP pending orders for a specified delta_stop_run time period on a Set_Delta_Price_Stop distance from the previous price range with the specified Set_TakeProfit, Set_StopLoss and lot volume values.

If the price moves beyond the range and a pending order turns into a market one, the second pending order is closed.

The EA contains the TrailingStop block making STOPLOSS follow the price.


Parameters

  • Set_Lots – pending order lot volume.
  • Set_TakeProfit – profit gained by opened pending orders. The applied format: (200). Recommended values are 50 and higher. The minimum value is limited by your broker.
  • Set_StopLoss – stop loss for pending orders. The applied format: (500). The minimum value is limited by your broker. Recommended value is 200.
  • Set_TrailingStop – trailing stop. The applied format: (150). The stop loss follows the price at a specified distance when it moves to a profitable area. Recommended value is 50.
  • Delta_Range – price range, within which the price is located before pending orders are opened. The applied format: (120). Recommended value is 140.
  • delta_stop_run – two pending orders lifetime in minutes. If the time is up and no order is activated, both orders are removed. The applied format: (120).
  • Set_Delta_Price_Stop – distance between the price range and pending orders open price. Recommended value is 40. The minimum value is limited by your broker.
  • Time_Minus_Minut — time period, during which the price is located within a user-defined range.

If your broker uses suffixes or prefixes in symbol names and the EA does not work on them, contact me and I will implement changes for you.

Video The punched range
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Experts
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Experts
XIRO Robot is a   professional trading system   created to operate on two of the most popular and liquid instruments on the market:  GBPUSD,  XAUUSD and BTCUSD . We combined two proven and well tested systems, enhanced them with multiple new improvements, optimizations and additional protective mechanisms, and integrated everything into one advanced and unified solution. As a result of this development process, XIRO Robot was created. Robot was designed for traders who are looking for a reliable
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Experts
An advanced Expert Advisor powered by artificial intelligence and machine learning, specifically designed for analyzing Gold (XAU/USD). It adapts to price movements and market fluctuations to detect potential trading opportunities. Discounted price   . The price will increase by $50 with every 5 purchases. No Risky Strategies   –   Does not use martingale or grid methods Artificial Intelligence Integration: At the heart of this EA les a sophisticated AI engine capable of recognizing complex pat
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lizhi fu
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Experts
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Experts
O EA Sweet Dreams é um sistema de negociação de acompanhamento de tendência baseado em um indicador próprio. Ele segue uma estratégia de grade martingale. Este EA é adequado para qualquer par de moedas e qualquer período gráfico, porém apresenta um desempenho excepcional em instrumentos com forte tendência, como o XAUUSD no período gráfico de 15 minutos (M15). Os resultados em tempo real podem ser   vistos aqui. Contate-me imediatamente após a compra para obter um bônus pessoal! Configurações e
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Agus Santoso
Experts
Versão MT4: https://www.mql5.com/en/market/product/102622 Versão MT5: https://www.mql5.com/en/market/product/102624 Apresentando o EA "Gold Buster": Sistema Dinâmico de Suporte-Resistência e Gerenciamento de Riscos de Próxima Geração O EA "Gold Buster" representa a vanguarda dos sistemas de negociação automatizados, aproveitando os mais recentes avanços na gestão de posições abertas e na tecnologia de análise de risco para redefinir como os níveis de suporte e resistência são identificados e
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Experts
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Utilitários
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Utilitários
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Evgeny Vlasov
Experts
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Experts
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