Weekly Open Horizontal Line + Horizontal Target Lines – indicator MetaTrader 4

Weekly Open Horizontal Line + Horizontal Target Lines - indicator for MetaTrader 4
Indicators: Weekly Open + Targets Weekly Open (no Targets) These two indicators are modifications of the HI_Low Indicator. //+——————————————————————+ //| MTF_HI_LOW_v1.mq4 | //| Copyright © 2006, MetaQuotes Software Corp. | //| | //+——————————————————————+ // Weekly Open + Targets: Modifications by File45 – Weekly Open + Targets: A Weekly Open Horizontal Line A Target Line above … Read more

Close Orders By Target or Cut Loss – EA MetaTrader 4

Close Orders By Target or Cut Loss - expert for MetaTrader 4
We use this EA as a trading tool. There are 3 inputs required, as follows: Profit Target Cut Loss Magic Number extern    double         inTargetProfitMoney     = 10;       //Target Profit ($) extern    double         inCutLossMoney          = 0.0;      //Cut Loss ($) extern    int            inMagicNumber           = 0;        //Magic Number When this EA is executed, it will first call the OnInit () function. Where we will verify the … Read more

Daily Target, Max Daily Losses with MagicNumber – EA MetaTrader 4

Daily Target, Max Daily Losses with MagicNumber - expert for MetaTrader 4
Trading tools used by traders to make it easier for traders to control and a faster process to close order positions according to the profit target or daily loss limits. Calculation by adding up the total floating and closed orders that are pulled from the history data. If you have any questions or requests, please … Read more

Dynamic Trailing Stop Loss and Profit Target Management – EA MetaTrader 5

Dynamic Trailing Stop Loss and Profit Target Management - expert for MetaTrader 5
This code is a risk management strategy for an Expert Advisor in MetaTrader that manages existing trades based on the input parameters. It focuses on closing trades when a profit or loss threshold is reached and employs a trailing stop loss to lock in profits as the trade moves in the trader’s favor. Here is … Read more