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Not One Step Back

This is a non-indicator Expert Advisor based on steady (no roll-backs) price movement. When the price moves a defined distance without changing a direction, one point goes to bulls or bears depending on the price movement direction. When a predefined amount of points is reached, a position is opened. The Expert Advisor uses average weighted stop loss, take profit, breakeven and trailing stop levels.


Parameters

  • PriceMove – amount of points to be passed by the price without changing direction;
  • WinningGoal – amount of points to open a position;
  • TakeProfit – initial take profit in points;
  • StopLoss – initial stop loss in points;
  • AutoLot – automatic calculation of a traded lot based on the stop loss and free margin. Not used if set to 0;
  • Lot – initial trading lot if AutoLot=0;
  • Magic – magic number. If 0, it works with all orders;
  • Com – comment to orders;
  • BreakevenStop – number of points passed by the price to move a position to breakeven;
  • BreakevenStep – breakeven step;
  • TrailingStop – trailing stop for open positions;
  • TrailingStep – trailing stop step;
  • DrawInfo – display account data on a chart.
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