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MetaTrader 5 Expert Advisor | FX-CHAOS SCALP

Idea by: Pavel.

MQL5 code by: Vladimir Karputov.

The FX-CHAOS_SCALP trading strategy. No more than one position is in the market at a time. The EA uses the ZigZag on Fractals indicator, a ZigZag based on fractals.

when referring from the EA to the ZigZag on Fractals indicator data, the data should be taken from bar #3, while it is useless to take indicator data from bars #2, #1, and #0, since the ZigZag on Fractals indicator does not plot on them:

MetaTrader Experts, Indicators, Scripts and Libraries

Inputs

  • Lots - the size of the position to be opened;
  • Stop Loss - Stop Loss;
  • Take Profit - Take Profit;
  • magic number - the unique EA identifier;
  • slippage - slippage.

Exemplary test on real ticks, for GBPUSD,H1:

MetaTrader Experts, Indicators, Scripts and Libraries

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