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REGISTER PARTICIPANTS Expert Tik Tak Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 28, 2020.

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  1. James Goldman

    James Goldman Moderator
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    #tiktak

    tik-tak-logo-200x200-3192.png

    The EA is based on the locking order strategy. It places two pending orders at a specified distance from the price.

    After one of the orders is triggered, the EA adds pending orders along the price movement and locks them for the case of a reverse movement.

    The EA restarts after receiving a predetermined profit.

    When using the locking strategy, the main burden falls on the margin, therefore it is recommended that you use the maximum possible leverage and select a broker decreasing the margin when locking positions.

    The EA algorithm features the virtual trailing of an overall profit. Trailing starts when a specified profit is reached and stops after the price rolls back from the current profit for a specified trailing percentage.

    Parameters
    • Show comment (true/false) – show/hide EA comments (account and order data);
    • Step – distance from the price to place pending orders;
    • Start_Lot – lot value for the EA operation start;
    • Step_Lot – lot increase step when locking a position;
    • Profit_In_Pips – profit, at which all positions are closed;
    • TrailingPercentProfit – when the price rolls back to the specified trailing profit percentage, all orders are closed (if 0, orders are closed immediately after reaching the specified profit);
    • Magic – magic number for this EA orders.

    tik-tak-screen-2780.jpg tik-tak-screen-5907.jpg

     

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