Trading utilities for MetaTrader 4

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MetaTrader 4

MT4 Experts MT4 Indicators MT4 Libraries MT4 Utilities

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Information

Experts
MetaTrader 5
Slim Ouederni
1.0
10

Overview

This EA uses a very simple strategy by using Envelopes indicator to detect potential reversal signals filtred with n time crossover with upper and lower envelopes bands . 

It uses Martingale for money management .

Inputs : 

SMA_Period  : The smoothed MA period on close prices for Envelopes indicator

Envelopes_deviation : the % deviation of the upper and lower envelopes bands

SL_Pips :  the stop loss in pips

RR  : the used risk reward ratio

lots : the initial lot to use in martingale sequence

lots_multiplicator : the lot multiplicator after a loss

lots_limit  : the volume size upper limit

GMT_Starting_Hour : the desired starting working hour in GMT ( it should be in this format "HH:MN ")

GMT_Ending_Hour :  the desired ending hour in GMT

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