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REGISTER PARTICIPANTS Expert Forex Bot Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 29, 2020.

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James Goldman
  1. James Goldman

    James Goldman Moderator
    Staff Member Organizer

    Joined:
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    Country:
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    #forexbot

    forex-bot-logo-200x200-3105.png

    The Expert Advisor does not use any indicators. It has a virtual trailing stop function and designed for 4-5-digit quotes. The EA opens deals in Market Execution mode. Take Profit and Stop Loss are placed after order execution and modified in accordance with the EA settings.

    Parameters
    • TimeFrame – timeframe for defining the largest bar's Close price within n time period;
    • StartBar – bar, from which the search for the largest bar starts;
    • FinishBar – bar, at which the search for the largest bar is finished;
    • MM – traded lot is calculated based on risk per trade;
    • EquityRisk – risk percentage per deal for trading lot calculation;
    • ManualLots – starting trading lot if MM=false;
    • UseMartingale – use martingale;
    • Multiplicator – lot multiplication factor in case of a loss;
    • MaxLots – max lot in the order series;
    • TakeProfit – take profit is set in pips;
    • StopLoss – stop loss is set in pips;
    • MaxTrades – maximum number of orders opened simultaneously;
    • Distance – price change rate in points per unit of time;
    • TimeFilter – time interval, within which the price change occurs;
    • Magic – magic number;
    • Com – comment to trades;
    • TrailingStart – number of points to start trailing for the grid;
    • TrailingStep – trailing step for the grid;
    • ShowInfo – display/hide information on the trading;
    • Languages – language of the displayed trading data;
    • TextColor – displayed data color.

    forex-bot-screen-7481.png

     

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