Trading Robots for MetaTrader 5
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MetaTrader 5
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Overview
Expert advisor based on a widely tested price action strategy
The EA already incorporates all the variables in its programming, it is enough to let it run on the graph with the values it incorporates by default.
ACCOUNT:
- This AE has been optimized to work on a STANDARD account
- This AE is suitable for accounts of 3,000 USD
- Default settings suitable for EUR/USD (any Timeframe)
DESCRIPTION OF THE STRATEGY
Price action trading analyzes the performance of a currency to predict what it might do in the future.
This EA analyzes a series of characteristic patterns that are used to identify the most likely price trend.
Additionally, the EA includes two technical indicators that filter false signals, giving this EA greater consistency in the analysis and execution of the strategy.
In order for the strategy used by this EA not to be copied, the parameters and indicators considered are not shown in the Back Test
PARAMETERS OF THE EXPERT ADVISOR
The Expert Advisor includes the following parameters:
Magic number:
Timeframe:
Dashboard info:
Taking profits (Take Profit) is automatic and this occurs when certain circumstances occur in the signals monitored by the expert.
INFORMATION PANEL
The Expert Advisor incorporates an information panel on the screen where the following is displayed:
User account number:
Magic Number:
Expert name:
Expert Profit/Loss Summary:
Count of commissions paid to the broker:
