Nevalyashka3_1 - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources

The author of the idea — Sergey , the author of the MQL5 code — Barabashkakon .

The advantage of the Expert Advisor is that it can move in the positive direction with confidence. Its main disadvantage is retracement.

The idea is: trade EURUSD. The average price change exceeds 60 points on 90% of days. Within a week, the number exceeds 200 90% of the time.

This means growth occurred on three days of the week on average. Weekly "turmoil" is minimal.

The strategy is as follows: stop loss is set at 60+10 pips (to avoid accidental touches, we add +10 pips to the price), take profit is set at 190 (spread and minimum trading distance are 200-10).

Open a lot with Stop Loss and Take Profit (70/190). The order then tracks every 10 pips 10 pips (if a reversal occurs, it guarantees the stop loss order is far away from the weekly bottom/peak price. Therefore, the order will be closed within the week).

Therefore, the theoretical profit every 1.5 weeks is equal to the average weekly trading volume (200).

After EURUSD M5 optimization, from 2016.01.01 to 2017.03.02, the initial recharge was 10,000 (the obtained parameters have been used in EA):

‌

Attachment download

📎 nevalyashka3_1.mq5 (22.97 KB)

Source: MQL5 #17774