Expert Advisors and Indicators for MetaTrader 5

Here you will find many programs for the MetaTrader 5 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 5

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Good Morning MT5

good-morning-mt5-logo-200x200-2774
195.00 USD165.75 USD

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Information

Experts
MetaTrader 5
Smart Forex Lab.
1.10
10

Overview


Good Morning EA makes trades at the opening of European session when the price moves to the middle of the selected range.

Advisor is only based on the size of the candles and RSI. It calculates the price range in a given period and opens short/long trades in the upper/lower part of the range

Optionally Good Morning EA can be used as a grid system with a basket takeprofit.


Features

  • FIFO compatible
  • Hard stoploss for every position
  • High spread protection
  • Fixed, Risk & Auto volume
  • 2017-2020 99% tick quality optimized & backtesed
  • Easy to use & ready to go


Live monitoring >> https://www.mql5.com/en/signals/834617

Good Morning MT4 EA >> https://www.mql5.com/en/market/product/55144


Telegram 


Default 

  • eurusd H1, GMT+3


    Recommendations


    Input parameters

    • Magic - magic number
    • Comment - comment
    • Slippage - max allowed slippage, point
    • FIFO compatible - no more than one position at any time
    • Order Max - max allowed amount of positions for each direction
    • Lot Max - max allowed volume of each position, lot
    • Spread Max - max allowed value of the spread for opening / modifying / closing a position, point
    • Timeframe - timeframe
    • Direction - allowable positions type
      • LongAndShort
      • OnlyLong
      • OnlyShort
    • Takeprofit Virtual - virtual takeprofit
    • --- Volume ---
    • Volume Type 
      • LotManual - based on Lot Main
      • LotRisk - risk based volume
      • LotAuto - based on Factor Auto
    • Lot Main - main lot (valid with LotManual / LotAuto), lot
    • Factor Risk - risk per order
    • Factor Auto - account funds per each Lot Main value, lot = ACCOUNT_MARGIN_FREE / Factor Auto * Lot Main (valid with LotAuto), $
    • Progression Type
      • PrgrNone - no progression
      • PrgrArithmetic - arithmetic progression (Lot=LotLast + Progression Factor)
      • PrgrGeometric - geometric progression  (Lot=LotLast * Progression Factor)
    • Progression Factor - progression value
    • --- Levels ---
    • Stoploss - stoploss of each position, point
    • Takeprofit - takeprofit of the basket (< Takeprofit Number positions), pointt
    • Grid - min grid step (< Grid Number positions), point
    • --- Time ---
    • Hour Start - hour to open a position, hour
    • Hour End - hour to stop opening a position, hour
    • Hour End Friday - hour to stop opening a position on Friday, hour
    • --- Range ---
    • Range Period - range depth
    • Range Factor - range filter
    • --- Indicators ---
    • RSI Period - period of RSI
    • RSI High Level - upper level of RSI
    • --- Graphics ---
    • Color Buy - Buy levels color
    • Color Sell - Sell levels color
    • Display Trades - enable / disable display the trades


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    RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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