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

MT5 Experts MT5 Indicators MT5 Libraries MT5 Utilities

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Stdev Break

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499.00 USD354.29 USD

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Information

Experts
MetaTrader 5
Sabil Yudifera
1.0
30

Overview

Stdev Break is an Expert Adviser generated by Optimization indicator. The EA is based entirely on the principle of technical analysis. this is my dream to make robots with optimization based on past data using only 2 indicators. The relative strength index optimizes the overbought and oversold levels used to trade. the Standard Deviation Indicator is used only for the determination of market volatility of asymmetrical frequency curves from M1 timeframe. The EA can be used on most of the available trading instruments, but the results are better with major and minor currency.

The relative strength index (RSI) is most commonly used to indicate temporarily overbought or oversold conditions in a market. An intraday forex trading strategy can be devised to take advantage of indications from the RSI that a market is overextended and therefore likely to retrace.

Recommendations

  • Needed 1:100 leverage as a minimum.
  • VPS is recommended.
  • 1 Minute Timeframe.
  • Minimum Balance requirement: 1 USD for cent account or 100 USD for standard account.
  • Broker with fast execution.
  • Regulated broker.

Parameters

  • Magic_Number - Order magic number.
  • Slippage - permissible slippage (Points).
  • Initial_lot - initial lot.
  • Lot_miltiplier - lot multiplier for the following orders.
  • MaxSpread - maximum value of the current spread to open position (Points) .
  • TrailingStop_Virtual - Virtual Trailing stop (Points).
  • TrailingStep _Virtual - Virtual Trailing step (Points).

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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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