EngulfingInOBOS MT5

EXPERT ADVISOR DESCRIPTION

- Expert Advisor Engulfing in OBOS (Overbought Oversold) is an expert advisor consisting of a combined candle engulfing pattern and Stochastic Oscillator indicators. A Buy position occurs when engulfing are formed when the signal stochastic indicator is in the oversold area, A sell position occurs when engulfing are formed when the signal stochastic indicator is in the overbought area.

- You can combine engulfing that form in certain timeframes with a signal stochastic indicator in certain timeframes also


EA PARAMETERS DESCRIPTION

- MM_Mode     :     1 = FixedLot, 2 = VolumeLot

- TargetProfit     :     Target profit in accumulation profit (pips)

- MaxTrades     :     Maximum number of transactions, All positions will be automatically closed when the maximum number of transactions is reached

- Execution     :     1 = TP in pips,

                            2 = TP in percent, default is 3%,

                            3 = Closing by OBOS, Overbought Reached = closed buy position, Oversold Reacher = Closed sell position

                            4 = Closing by engulfing formed, bullish engulfing = closed sell, bearish engulfing = closed buy

                            5 = Combine execution 3 and 4

- D_Line     :     Signal stochastic oscillator period    


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Experts
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Experts
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Fan Yang
4 (32)
Experts
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5 (2)
Experts
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MQL TOOLS SL
4.33 (112)
Experts
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Lo Thi Mai Loan
5 (2)
Experts
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