Trading utilities for MetaTrader 5
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MetaTrader 5
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Overview
The algorithm of the adviser determines patterns of candlesticks of several timeframes.
In the case of defining fractal models (sets that have the property of self-similarity to fractals of the lowest order with respect to the higher order), the adviser starts working.
The profit and loss control algorithm controls each open position and its role in the position portfolio.
NOT a scalper, NOT a martingale, NOT a grid.
Each position of the adviser has a stop loss and take profit.
It is recommended to use on trading instruments (timeframe 5m): GBPUSD, EURUSD, USDCAD.
Settings:
- Comment to order - comment to positions;
- MaxRisk - Parameter for calculating the trading lot;
- if MaxRisk = 0, Lot will be - If MaxRisk = 0, the lot will be like this;
- Take Profit - Take Profit;
- Stop Loss - Stop Loss
- Take profit points - take profit points;
- Max Spread - Maximum Spread;
- Slippage - Maximum slippage;
- Magic - Magic number to distinguish their positions.
- ShowInfoPanel - Show info panel;
- BackColor - background color of the info panel;
- TextColor - Color of the info panel;
- FontSize - Font size.
