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MetaTrader 5 Expert Advisor | ExFractals

Idea by: Alex.

MQL5 code by: Vladimir Karputov.

The EA uses custom indicator ExVol:

MetaTrader Experts, Indicators, Scripts and Libraries

Separate stop loss, take profit, and trailing are used for BUY and SELL positions.

Inputs

  • Maximum Risk in percentage - lot size calculations, the maximum risk parameter;
  • Descrease factor - lot size calculations; decrease it, if there are many losing trades;
  • Stop Loss Buy - stop loss for BUY positions;
  • Stop Loss Sell - stop loss for SELL positions;
  • Take Profit Buy - take profit for BUY positions;
  • Take Profit Sell - take profit for SELL positions;
  • Trailing Stop Buy - trailing for BUY positions;
  • Trailing Stop Sell - trailing for SELL positions;
  • Trailing Step - trailing step (common for both BUY and SELL positions);
  • ExVol: ExPeriod - parameter of custom indicator "ExVol";
  • magic number - unique identifier for the EA.

Example of testing on EURUSD,M15:

MetaTrader Experts, Indicators, Scripts and Libraries

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