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- 10361
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- Published:
- 2017.08.10 12:54
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Automated calculation of Stop Loss levels based on the Average True Range indicator (ATR) indicator.
Calculation method:
- The "Max" level: add to the Open price the ATR value multiplied by "Target"
- The "Min" level: subtract from the Open price the ATR value multiplied by "Target"
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/18674
![Expert_RSI_Stochastic_MA](https://c.mql5.com/i/code/expert.png)
The Expert Advisor uses three indicators: MA(150), RSI(3) with levels 80 and 20, Stochastic(6, 3, 3) with levels 70 and 30.
![Color_QEMA_Envelopes_Digit_HTF](https://c.mql5.com/i/code/indicator.png)
The Color_QEMA_Envelopes_Digit indicator with the timeframe selection option available in the indicator input parameters.
![ExpertClor_v01](https://c.mql5.com/i/code/expert.png)
An assistant Expert Advisor. Only CLOSING positions.
![EURUSD breakout](https://c.mql5.com/i/code/expert.png)
The EA trades during two trading sessions, starting at the specified session beginning time. Stop Loss. Take Profit.