Trading utilities for MetaTrader 5

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MetaTrader 5

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Penadol EA

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Information

Experts
MetaTrader 4
Mohammad Fariz Bin Ramli
1.0
5

Overview

This Strategy is based on MA slow (SMA 5) and MA fast (SMA12)

IF SMA 5 cross above SMA 12  : Buy Position will triggered
IF SMA 5 cross below SMA 12  : Sell Position will triggered

TP/SL will be 30Pips.

IF hit SL, next position triggered lot will be x2.5.

Example: first triggered Buy position with lot 0.01 but hit SL, and the next position triggered either Buy or Sell lot will be 0.03. (0.01 x 2.5 = 0.03)  


Recommend use on Gold with TFM5.

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