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REGISTER PARTICIPANTS Expert Not One Step Back Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Oct 1, 2020.

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  1. James Goldman

    James Goldman Moderator
    Staff Member Organizer

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    #notonestepback

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    This is a non-indicator Expert Advisor based on steady (no roll-backs) price movement. When the price moves a defined distance without changing a direction, one point goes to bulls or bears depending on the price movement direction. When a predefined amount of points is reached, a position is opened. The Expert Advisor uses average weighted stop loss, take profit, breakeven and trailing stop levels.

    Parameters
    • PriceMove – amount of points to be passed by the price without changing direction;
    • WinningGoal – amount of points to open a position;
    • TakeProfit – initial take profit in points;
    • StopLoss – initial stop loss in points;
    • AutoLot – automatic calculation of a traded lot based on the stop loss and free margin. Not used if set to 0;
    • Lot – initial trading lot if AutoLot=0;
    • Magic – magic number. If 0, it works with all orders;
    • Com – comment to orders;
    • BreakevenStop – number of points passed by the price to move a position to breakeven;
    • BreakevenStep – breakeven step;
    • TrailingStop – trailing stop for open positions;
    • TrailingStep – trailing stop step;
    • DrawInfo – display account data on a chart.

    not-one-step-back-screen-7006.png

     

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