Periodic Range Breakout (Martingale) – EA MetaTrader 5
by
OVERVIEW
Taking the close price of a certain hour of a certain day of the week as a reference, if a user-specified percentage of the daily average price range is exceeded from this level, expert opens buy for upside movement or sell for downside movement. take-profit and stop-loss levels are determined by user-defined percentages of this range.
MARTINGALE MONEY MANAGEMENT
Probably, you all know martingale strategy which you’ve doubled volume for each loss. It is a very risky strategy unless you don’t know how much you will consecutively lose. Besides, as long as you know how many steps you can lose at most, it is the fastest way to compensate your losses. In this expert, previous cumulative losses are also taken into account, and the losses are covered in the shortest way by adding them to the take-profit and stop loss levels of the next transaction.
MetaCOT 2 CFTC ToolBox (Set of… Contents GENERAL PROVISIONS Brief description Installing the libraries and indicators Several indicators in one window Exporting CFTC reports to CSV…
Visual Order Processing - EA… Order_EA is a simple visual oriented program that uses drag & drop scripts to control order processing. Take Profit and…
Function library and Experts for… The algorithm for maintaining and closing a position is known to be almost more important that the rules for opening…
Periodic Range Breakout 2.0 - EA… This expert has extended features relative to the previous. Please examine the previous one before proceeding. Periodic Range Breakout 1.0 [WARNING]…
MACD Sample - EA MetaTrader 5 The MACD Sample EA is included in the standard pack of the MetaTrader 5 client terminal and is an example…
Simplest Hedging EA ever - EA… This EA comprises only 20 lines of code, and does all its trading in two lines! if there is a…
MQL5 Wizard - Trade Signals… The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal…
MQL5 Wizard - Trade Signals… The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal…
