Closing Price Fractal EA - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources
The Expert Advisor trades the fractal of the closing price based on the indicator. Compile the indicator and add it to [data folder]\MQL5\Indicators\.
Configure transaction interval:
When opening a position, preset stop loss and take profit levels are set. Additionally, the EA has a trailing stop function.
Example of opening a sell position:
Attachment download
📎 fractals_at_close_prices.mq5 (6.88 KB)
📎 fractals_at_close_prices_ea.mq5 (40.09 KB)
Source: MQL5 #19829
Closing Price Fractal EA - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Closing Price Fractal EA - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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