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- Published by:
- Vladimir Karputov
- Views:
- 4929
- Rating:
- Published:
- 2018.08.23 12:40
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The author of the idea - Scriptor.
mq5 code author - barabashkakvn.
Closing positions
This EA sets the level of the total profit of all positions (opened by the EA) in points - "Total Profit Target" parameter. At the same time, there is a limitation: not a single PROFITABLE position may have profit LESS than "Minimal Profit Target". Thus, the minimum profit threshold in points for positions is set. This approach gives a more qualitative profitability graph than the standard approach of closing the position by profit expressed in money.
Defining a trend
- Moving Average "Short" is ABOVE Moving Average "Long" on "Minimum distance between MA's to determine the trend" - upward trend
- Moving Average "Short" is BELOW Moving Average "Long" on "Minimum distance between MA's to determine the trend" - downward trend
Inputs
- Start Lots - initial lot
- Base (Lot=Start Lots * MathPow(Base,Number of open positions)) - basis for exponentiation, used to calculate position volume
- Shutdown Grid - forced closing of all positions and EA operation stop
- Tunnel width (in pips)
- Total Profit Target (in pips)
- Minimal Profit Target (in pips)
- MA Short: averaging period
- MA Long: averaging period
- Minimum distance between MA's to determine the trend (in pips) - minimum distance between indicators for defining a trend
- magic number - unique EA identifier
Test for EURUSD M5:
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21411
![Exp_ColorX2MA_Digit_NN3_MMRec](https://c.mql5.com/i/code/expert.png)
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![Exp_ColorJFatl_Digit_NN3_MMRec](https://c.mql5.com/i/code/expert.png)
Three independent trading systems using ColorJFatl_Digit indicators within a single EA with an ability to change the volume of a forthcoming trade depending on the results of the previous trades for this trading system