Technical Indicators for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
Area 51 EA generates signals on different strategies. Has different money management strategies and dynamic lot size function.
When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) will be set for it and constantly trailed. This allows you to always close positions in profit.
If you want, that your manual opened positions will be handled by the EA, so you can use HandleUserPositions - Function.
For positions, that area going "lost"(moves in the wrong direction) you can use HandleLostPositions - Function.
The full list of parameters and description you can find in my blog
For using the EA we recommend to use an ICMarkets True ECN account.
