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MetaTrader 4

MT4 Experts MT4 Indicators MT4 Libraries MT4 Utilities

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Information

Experts
MetaTrader 4
Hong Ling Mu
1.0
5

Overview

<LOGIC>

The EA entry based on ATR indicator.

The Average True Range (ATR) is a technical indicator that measures the volatility of an asset’s price.

If market move with big volatility, then ATR value will increase.

The EA reads a certain period of the ATR value and make an order with ATR input value.

Also once EA made an order, it will be closed with a profit or it will be closed when the market volatility decreased.


<Best parameter>

After some FT result I shared the best set file. Please see the attached picture.


<The best performance pair and timeframe>

EURUSD or GBPUSD M5




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