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10 Points - MetaTrader 5 Expert | Forex Indicator Downloads - MT4/MT5 Resources - MetaTrader 5 Resources

author EAcpu | 4 reads | 0 comments |

The author of the ideaYuri , the author of the MQL5 codeBarabashkakon .

Pipeline EA. Take profit is set to 10 pips. Provides different stop loss and take profit levels for buy and sell orders.

The strategy is characterized by the lack of use of indicators.

Algorithm of the trading strategy:


Attachment download

📎 10_pips.mq5 (16.87 KB)

Source: MQL5 #17039

10 points - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 resource usage and screening suggestions

10 points - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 resources are resources related to Forex indicators. 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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