Explore the latest free tools from the MQL5 community. Here's a new indicator, expert advisor, or script for MetaTrader.
Opening-Closing:
The opening of the position is performed at the beginning of every day by a simple rule:
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if(Open[0]>Open[3]) BUY; if(Open[0]<Open[3]) SELL;
The closing is performed by the StopLoss or at the beginning of the next day.
Input Parameters:
1. stop - StopLoss level. It is specified in points, stop = 500 on default;
2. lots - lot size, lots = 1 on default;
Testing:
In spite of its simplisity the EA shows good results on the trend markets:
Symbol EUR\USD, period D1:
Symbol EUR\JPY, period D1:
However, the testing on USD\JPY didn't have the positive results. What do you think, why is it so?
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