The EA works on netting and hedging accounts. Trading signals are checked only when a new bar appears, while trailing works constantly. When opening a position, a stop loss (Stop Loss) and take profit (Take Profit) are placed immediately.
To disable stop loss, take profit or trailing, simply set Stop Loss, Take Profit or Trailing Stop to “0.0”.
Position opening signals – comparing Close price on the current bar #Current bar with the one on the compared bar #Comparable bar:
BUY open signal: Close #Current bar > Close #Comparable bar
SELL open signal: Close #Current bar < Close #Comparable bar
BUY open signal is also SELL close one, while SELL open signal also serves as BUY close one. A previous position is closed first, and a new one is opened afterwards.
JK BullP AutoTrader - EA MetaTrader 5 Author of the idea is Collector, author of the MQL5 code is barabashkakvn. An Expert Advisor based on the Bulls Power indicator. Opening two successive…
MA on Momentum - indicator MetaTrader 5 The idea of the indicator Two lines - simple 'Momentum' indicator and 'Momentum' indicator smoothed with 'Moving Average'. Rice. 1. MA…
