GAP Trading MT4

GAP TRADING MT4 - Expert Advisor for trading on gaps. This strategy is very popular in the FOREX market - when a gap arises on the chart, then most often the price then closes it. Advisor rarely trades, mainly at the opening of a new week on Monday, so testing should be carried out over a large period of time. The most volatile pairs are suitable for work: GBPUSD, USDCAD, EURUSD, USDJPY, USDCHF, AUDUSD, NZDUSD.

PARAMETERS :

• OPENING_POSITIONS - selection of positions for opening;
• TIMEFRAME_ATR - ATR timeframe;
• PERIOD_ATR - ATR period;
• GAP_SIZE_IN_PIPS - measure the size of the gap in points or as% of ATR;
• MINIMUM_GAP_SIZE - gap size;
• MAX_SLIPPAGE - maximum slippage when opening a deal;
• MAX_SPREAD - maximum spread when opening a deal;
• COMMISSION_CONTROL - if the broker has a transaction fee, set the flag COMMISSION_CONTROL = true;
• COMMISSION_PER_LOT - commission for 1 lot;
• RISK_PER_TRADE - calculation of a trading lot depending on the risk per trade. If = 0.0, then not used;
• LOTS - starting lot for each N from the balance (parameter FROM_BALANCE);
• FROM_BALANCE - N units of the base currency for calculating the lot;
• OPEN_INTERVAL_MINUTES - minimum interval between opening new orders in minutes;
• OPEN_INTERVAL_PIPS - minimum interval between opening new orders in pips;
• PAUSE_AFTER_CLOSING - pause after closing an order, between the next auction;
• MAX_OPEN_ORDERS - the maximum number of unidirectional orders;
• START_LOT_MULTIPLIER - from what position to start increasing the lot;
• LOT_MULTIPLIER - lot multiplier;
• MAX_OPEN_LOT - maximum lot;
• CLOSE_DELAY_MINUTES - minimum duration of transactions in minutes;
• STOPLOSS_PERCENT - use stop loss as a percentage of the balance;
• STOPLOSS - stop loss;
• TAKEPROFIT_PERCENT - use take = profit as a percentage of the balance;
• TAKEPROFIT - take = profit;
• BREAKEVEN - pips profit at which the stop loss will be set to breakeven. If = 0, then not used;
• TRAILING_STOP - size of the trailing stop in pips, by which the fixed profit will change. If = 0, then not used;
• TRAILING_STEP - step of the trailing stop in pips which remains for the price movement after modifying the stop loss;