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GatorDeviation Breakout

5
The given MQL5 code is for an Expert Advisor (EA) that implements a trading strategy using the Alligator indicator and the Standard Deviation indicator. Here's a breakdown of the code:

The code defines various input parameters for the EA, including entry lots, stop loss, take profit, indicator parameters, and expert settings.
The OnInit() function initializes the EA by setting some variables and validating the initialization.
The OnTick() function is called on each tick of the price data and checks if a new bar has formed. If so, it calls the OnBar() function.
The OnBar() function is the main logic of the EA. It updates the current position, checks if the position needs to be closed, manages trailing stops, and determines whether to open a new position based on the entry signal.
The UpdatePosition() function retrieves the current position information for the specified symbol and magic number.
The InitIndicators() function initializes the indicators used in the strategy (Alligator and Standard Deviation).
The GetEntrySignal() function calculates the entry signal based on the indicator values and returns either OP_BUY, OP_SELL, or OP_FLAT (no signal).
The ManageClose() function checks if the position needs to be closed based on the indicator values.
The OpenPosition() function opens a new position based on the given command (OP_BUY or OP_SELL) and calculates the stop loss and take profit levels.
The ClosePosition() function closes the current position by sending an opposite order.
The ManageOrderSend() function sends an order (market or pending) with retry logic.
The ModifyPosition() function modifies the stop loss and take profit levels of an existing position.
The CheckOrder() function checks if an order is valid using OrderCheck() and handles error conditions.
The GetStopLossPrice() and GetTakeProfitPrice() functions calculate the stop loss and take profit prices based on the current bid/ask and specified parameters.
The GetTrailingStopPrice() function calculates the trailing stop price for the current position.

Preferred: EURGBP H1

Preferred brokers: Octafx incorporated.


Recensioni 1
Andiray
435
Andiray 2023.12.21 08:46 
 

Great EA. Thanks a lot. Works profitable on my Demo Acc.

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Contattami dopo l'acquisto per ottenere le impostazioni corrette del set. Impostazioni errate possono portare a risultati errati. Nuovi prodotti sono sugli scaffali e le promozioni continuano. Per ogni copia venduta, il prezzo aumenta da $ 50 a $ 1.500! Top Trend Plus si basa su   Top   Trend, che rappresenta il 20%. Riunisce i miei altri eccellenti EA, aggiunge il supporto per le varietà XAUUSD, aggiunge quattro modalità di trading e aggiunge il modello Long Time e il modello Short Time Due
Index Sniper Pro MT5
Sachin Gautam
5 (7)
Introducing  Index Sniper Pro EA . It is a Fully Automatic Index (US30) System trading early US Open. No  Martingale,  No  Grid , No Averaging ***********Upcoming Features*********** NAS100 Set File - WIP S&P500 Set File - Done and Testing Buy only and Sell only Settings - Released Individual TSL and SL settings for Buy and Sell Orders - Released Current Price: $349--> (Next price $499) Live signal: With Default Settings on US30 symbol https://www.mql5.com/en/signals/2255171 Features
Forever Star
Xian Qin Ceng
4.67 (3)
Forever star   EA   è un trattamento notturno per il cuoio capelluto diverso da New Way Scalper. È un complemento a New Way Scalper e può lavorare insieme per ottenere risultati migliori.   Per sempre     Star EA   viene utilizzato su 15M o H1 e può scambiare 15 o più coppie di valute. Ognuno è libero di costruire la migliore combinazione nella propria mente. Forever star EA è semplice da usare e ti consente di scambiare più coppie di valute utilizzando un solo grafico. Tutti i parametri sono g
Signal Account  (running 0.75% Balance Risk) If you need MT4 version or can't afford renting/purchasing contact me for alternative solution. Join  Nexus Community Public Chat This EA is part of   Nexus Portfolio  - a combination of the b est long term EAs I created for my personal trading as well as private fund management. The best NON martingale, grid or averaging EA in mql5 market. Most other EAs only sell backtest dream. This is the only EA that can perform closely in live trading as in bac
Gold Harvest MT5
Abdul Jalil Mridah
4.33 (3)
Promotional s uper discount  for today   for few copies .  Prices may increase at any time. Final price will be 4999 USD. Set Files for Gold Harvest MT5   and  Live Signal Please just change Risk Level (1-80). No need other field change and Risk Level 2 = 2% risk for 1000 equity or above. It's only good works on XAUUSD H1 Timeframe. This robot is profitable. This robot requires minimum deposit of 100 equity. You can get good results with it. You can test it first . It will increase the volume i
Gold Scalper Trading MT5
Ho Tuan Thang
3.83 (29)
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. - REAL SIGNAL: Default Setting:  https://www.mql5.com/en/signals/2251841 Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is o
Diamond Ultimate MT5
Lo Thi Mai Loan
3.89 (9)
Benvenuto in Diamond Ultimate!!! BACKTEST GUIDE PROMOZIONE DI LANCIO: Rimangono solo poche copie al prezzo attuale! Prezzo finale: 4993,99 $ L'EA fornisce SEGNALI CLARI PER CONTI REALI. Scarica i file di configurazione Versione MT4 Diamond Ultimate combina algoritmi basati su diverse azioni di prezzo con 13 anni di esperienza di mercato per eseguire ordini e gestire il capitale. Tutte le operazioni hanno livelli chiari di stop loss e take profit. L'EA utilizza uno stop loss a inseguimento p
Gold Scalping Expert mt5
Vasiliy Strukov
5 (5)
Gold Scalping Expert is a very intelligent smart algorithm which exploits the reaction of gold during various high-impact events like geo-political news, pandemics, and economic changes.  This system trades breakouts using the popular zig-zag indicator by placing pending orders at the turning points and when the price breaks out beyond these levels the orders will get triggered.  The EA is using a very smart trailing stop and dynamic stop loss to protect your account and manage the risk properly
Altri dall’autore
EvolutionaryTrader
Dipak Dilip Reddy
5 (1)
The provided code is an example of an Expert Advisor (EA) written in MQL5, a programming language used for creating algorithmic trading systems in MetaTrader 5. Here is a breakdown of the code: The code begins with various input parameters and settings defined using the input keyword. These parameters allow customization of the EA's behavior, such as entry lots, stop loss, take profit, and indicator parameters. Several constant values and variables are declared, including session time setti
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This strategy uses two indicators: Commodity Channel Index (CCI) and Envelopes. It opens a buy position when the CCI crosses above the lower level and closes it when the price crosses above the upper band of the Envelopes. It opens a sell position when the CCI crosses below the upper level and closes it when the price crosses below the lower band of the Envelopes. It also uses a fixed stop loss and take profit, and a trailing stop based on the previous bar’s high or low. It has some parameters t
The code is a trading robot that uses two indicators moving averages crossover and envelopes. It opens a buy or sell trade when the fast moving average crosses the slow moving average and the price is above or below the envelopes. It closes the trade when the opposite signal occurs or when the stop loss or take profit is reached. It also has some session settings to limit the trading hours and days. The code has some input parameters to adjust the trade size, stop loss, take profit, magic number
Here's a short note explaining some of its key aspects: The code starts with defining various input parameters such as entry amount, stop loss, take profit, and indicator parameters. The code includes functions and variables to manage trading positions, handle position updates, and check entry signals. The OnInit() function is called when the EA is initialized and performs necessary initialization tasks. The OnTick() function is called on each tick and checks if a new bar has formed, then cal
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Andiray
435
Andiray 2023.12.21 08:46 
 

Great EA. Thanks a lot. Works profitable on my Demo Acc.

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