REGISTER PARTICIPANTS Expert Not One Step Back Mt4

#notonestepback



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.