Entrance to the explosion mt5

Market movement often begins with a strong momentum that breaks through the boring stagnation of a sluggish price range with a powerful, large candle. It is crucial to catch such a breakout candle in time and enter the market on it.

The Expert Advisor monitors the market and waits for a candle whose size exceeds the average value of previous candles by several times (the multiplier is set by the user) and opens a trade according to the specified parameters.

The first line of the settings defines the number of preceding candles used to calculate their average height. The second line sets how many times larger the signal entry candle must be compared to this calculated average height.

InpPeriod — Averaging period (N)
InpMultiplier — Candle height multiplier
InpLot — Trade volume (Lot)
InpSLPercent — Stop Loss (% of signal candle)
InpTPPercent — Take Profit (% of signal candle)
InpMagic — Magic number
InpUseTrailing — Use Trailing Stop
InpTrailStart — Trailing start (% of Take Profit)
InpTrailStop — Trailing distance (% of Take Profit)
InpTextColor — Panel Text Color
InpFontSize — Panel Font Size
InpXDistance — Panel X Distance from corner

 


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