Create An expert advisor based on 4 indicator

MQL5 指标 专家

指定

On MT5

Positions to be taken: BUY  AND SELL

Graph period: 5 minutes

1/ Supertrend (3) Indicator gives the overall tendency

2/ VWAP ( Price Over VWAP - BUY / Price under VWAP - SELL)

3/ % Williams (4)  says if overbought or oversold

4 / Stochastic RSI (30/80) says if overbougt or oversold

5/ Analysis of last bars (minimum or maximum) allows to launch trading with trailing stop

6/ Trailing Stop Loss based on supertrend line

7/ define SL & TP based on % ( BUY/SELL Price )

8/ take profit based on simple calculation of the risk taken before entering in a trade

Also guide through setting the MT5 Platform / strategy tester


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