The EA trades based on the Fractals indicator. It only trades at the emergence of a new bar. Lot calculation: percentage of free margin. When an upward fractal is found, a Sell signal is generated and all Buy positions are closed. When a downward fractal is found, a Buy signal is generated and all Sell positions are closed.
For optimization purposes.
Two input parameters simplify configuration:
Distance (in pips)
and Signal bar
Fractals minimum distance. The “Distance” parameter
Signal bar — bar number (relative to the current one) on which the fractal is checked.
ZigZag on Fractals - indicator MetaTrader 5 ZigZag on Fractals uses fractals (iFractals, Fractals) as reference peaks. Here, the following rule is applied: Where the latest peak…
