Idea by: Alex.
MQL5 code by: Vladimir Karputov.
The EA uses custom indicator ExVol:
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:
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