exp_Amstell

exp_Amstell – EA MetaTrader 5

by

Idea by: Iurii Tokman.

MQL5 code by: Vladimir Karputov.

EA operation algorithm

At the first start, open a BUY position with the volume of Lots. Then monitor (in OnTradeTransaction) all opening positions and remember (separately for BUY and SELL positions) the opening prices:

  • If the price of the last opening a BUY position is ABOVE the current Ask price by Step – open a new BUY position;
  • If the price of the last opening a SELL position is BELOW the current Bid price by Step – open a new SELL position.

The virtual Take Profit is monitored, too: As soon as the position profit reaches or exceeds Virtual Take Profit, close the position by market.

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Inputs

  • Lots – the volume of the position to be opened;
  • Virtual Take Profit (in pips) – virtual Take Profit;
  • Step (in pips) – the minimum step between the last position price;
  • magic number – unique identifier for the EA.

exp_Amstell


exp_Amstell – expert for MetaTrader 5
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