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MetaTrader 5 Expert Advisor | BIG DOG

The EA places pending stop orders BUY_STOP and SELL_STOP.

Recommended timeframe — M15. 

Author of the idea — Yuri, author of the MQL5 code — barabashkakvn.   

Trading rules:

  • Find the maximum price value in the interval between 14 and 16 hours terminal time and place a pending Buy stop order at this level. Find the minimum price value in the interval between 14 and 16 hours terminal time and place a pending Sell stop order at this level.
  • The distance between the maximum and minimum should be no more than 50 points, otherwise the orders should not be placed.
  • Take Profit is 30 points. 
  • Stop Loss is set at the price level of the opposite trade. Untriggered orders are deleted at the end of the day.

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