MetaTrader 4 MT4 Expert Advisors BIG DOG Trade strategy – EA MetaTrader 4

BIG DOG Trade strategy – EA MetaTrader 4

Published by:

FXWizard

Description:

The idea is based on breakthrough strategy.

Trade rules :

  • Find the maximal/minimal price values in the period from 14 to 16 hours (terminal time) and set pending orders for buy/sell at the maximal/minimal value.
  • We set orders only if the distance between the maximum and minimum is not more than 50 points
  • Take Profit is 30 points. Trailing Stop is 15 points.
  • Stop Loss defined at the price level of the opposite deal. Unused orders are removed at the end of the day.

Recommendations:

  • See FORTRADER.RU maganize (№ 52) for the details.

Editor’s remark:

Note that it’s a mirror translation of the original Russian version.

If you have any questions, suggestions or comments, it’s better to post them there.

Alternative:   Multi function price indicator - indicator MetaTrader 4

If you have found this code useful for trading or educational purposes, don’t forget to thank author.


📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks