Bar Runner MT4 eu
This is a simple strategy based on candle patterns (size, ratio of one and others, etc.). This algorithm allows to achieve stable results over a long term. Due to this fact number of optimization parameters is kept to a minimum.
Initially, the EA was developed for trading on EURUSD. Recommended time frame is M5.
Expert Advisor monitoring: https://www.mql5.com/en/signals/110369
- TP — distance to fix profit. If set to 0, it is automatically fixed according to volatility.
- SL — distance to fix loss. If set to 0, it is automatically fixed according to volatility.
- TrailingStop — distance at which the Stop Loss will be trailed following the current price, but only if the positions is profitable.
- TrailingStart — trailing starts when price reaches this value in points.
- TrailingStep — trailing step.
- OpenHour — EA operation start hour.
- EndHour — EA operation stop hour.
- Lots — fixed lot.
- Risk — risk level. A lot is automatically selected depending on an available balance.
- EAComment — comment for orders if necessary.
- Magic — EA's ID number.