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Published:

2010.06.10 08:18

Updated:

2014.04.21 14:54

Colibri.mq4 (55.11 KB) view

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This system allows you to progressively enter and exit the market, by allowing you to define several levels.

Basically it first calculates the risk based upon the amount you defined in %.

Then according to this risk and the amount of levels you defined calculates the position size of the different trades to send.

You have two modes to place the exit levels, so it is up to you.

Draw several resistance and support lines as a "little segment line", differentiating the color of both types of line

!_Spread_Hi_Lo.mq4

A day Hi Lo

This indicator allows you to draw candles of an higher timeframe on your chart. Example: Draw H1 candles on your M1 chart.

Drop Level Lines with the level value inserted above or below the line and the color changing automatically for bottom level or top level.

Progressive Grid Positionning System (Entry and Exit) - expert for MetaTrader 4