The Expert Advisor trades according to Pin Bar pattern on H4-D1 charts. The EA has two different trailing stops â€œ by points and extremums, as well as two stop loss types â€œ fixed and dynamic. Dynamic stop loss is placed at the candle’s High or Low depending on the pattern direction.
Trailing stop: first, trailing operates by points up to the TrailingStop distance specified in points. After passing the distance, trailing by previous Hi-Lows of bars is enabled. Trailing by the previous bars’ Hi-Low searches for extreme values on a specified period and number of bars. Stop loss is placed on an extremum plus/minus n points (depending on the direction) set in the EA parameters.
Recommended currency pairs for the EA operation: EURUSD, USDJPY, GBPUSD, USDCHF, EURJPY, USDCAD, AUDUSD. VPS server is required.
The EA monitoring: https://www.mql5.com/en/signals/author/moneystrategy
Com â€œ a comment to trades;
BalanceRisk â€œ calculation of trading lot from the balance/free margin;
Lots â€œ fixed lot if BalanceRisk = 0;
TakeProfit â€œ take profit level in points;
StopLoss â€œ stop loss level in points if DynamicSLPinBar = false;
MaxOpenTrades â€œ maximum number of open trades at a time;
SpreadControl â€œ maximum spread;
Magic â€œ magic number;
ShowInfo â€œ show/hide info;
TextColor â€œ displayed data color.
AntiRequotes Function Settings
MaxAttempts â€œ maximum number of attempts to open an order;
DelaySeconds â€œ pause between attempts in seconds;
Slippage â€œ maximum price slippage.
Breakeven Function Settings
Breakeven â€œ enable/disable the function for moving trades to breakeven;
StartBreakeven â€œ number of points profitably passed by the price to move positions to breakeven the first time;
StepBreakeven â€œ distance in points to place the breakeven level the first time.
Trailing Stop Settings by Points
Trailing â€œ enable/disable trailing stop function by points;
TrailingStart â€œ minimum number of points passed from the order open price for the trailing;
TrailingStop â€œ number of points to start trailing stop;
TrailingStep â€œ trailing stop step.
Trailing Stop Settings by Extremums
Depending on the parameters, the EA searches for High/Low price for n bars to place a stop loss (trailing).
TrailingHiLow â€œ enable/disable trailing stop function by extremums;
TimeFrame â€œ period to search for high/low price;
BarCount â€œ number of bars to search for extremums;
IndentHiLow â€œ distance from High/Low price in points for placing a stop loss.
Fast and high-quality trade copier for your real/demo account. This Expert Advisor is developed for copying trades from the ÐœetaTrader 5 terminal.
Multi-terminal Trade Copier:
The EA will copy all positions without …
Welcome to Trajecta Elephant
Create your own trading signals as powerful as Trajecta Labs trading signals:
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Sell FOREX trading signal.
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Copying from one source (master) account to multiple follower (slave) accounts.
Equity ProfitLoss Control is an Expert Advisor that controls equity considering the initial balance. The Expert Advisor closes all positions when an equity value specified in percentage or deposit currency …
Expert Advisor AverageBarSystem analyzes last Ñandles (the number is determined by the input parameter nBars) and based on it decides to go long, short or wait.
You may change input parameters:
The EA trades at a sharp price movement.
Revers â€ signal reverse.
Period_Ind1 â€ the period for calculation of the average price movement range.
Period_Ind2 â€ the period of the entry direction indicator.