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Experts

EQUILIBRIUM-2011 - expert for MetaTrader 5

Views:
9428
Rating:
(25)
Published:
2011.12.02 13:53
Updated:
2016.11.22 07:32
e04lc07-v4.mq5 (24.44 KB) view
eq3-06.mq5 (26.33 KB) view
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Multicurrency "grider" with risk control.

E04LC07-v4 - Automated Trading Championship 2011 version.

EQ3-06 - new version.

The code has comments.

Updates:

  • Fixed an error when closing position;
  • Added some features for optimization;
  • Added "FreeTrade" mode - no restrictions (fixed % of margin used).

This Expert Advisor doesn't show the best result, but it can work a long time with profit. The better result can be achieved with many currency pairs. The lower values of TakeProfit lead to increase of the risk but shows better result.

At restart there is a problem (BestBallance becomes 0). If current loss<10%, it closes position (this value can be increased in OnInit() function).

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/726

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