Very Blonde System - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources

The author of the idea - Blue Sky , the author of the MQL5 code - Balabashka Kong .

The Expert Advisor opens a reverse position and additionally places a series of orders for reinforcement. Price change analysis is performed on a certain number of bars.

This simple Expert Advisor waits for a strong price movement at point x in y bar (the " Price Change " field is the value of the price change, the " Bar Count " field is the number of bars; both parameters can be adjusted). After that, it opens a reverse position and strengthens it with a limit order grid (the " Grid " field can be adjusted).

All positions are closed after reaching a certain result (the " Quantity " field can be adjusted). If you want the profit to be proportional to the balance, you can also configure the positions to be closed like this: "if(getProfit()>=AccountBalance()/1000){CloseAll();}".

In fact, this is very dangerous as you could endanger a large number of batches. Therefore, you can enable the " Block " option to close your position after reaching a certain number of pips (recommended 400 = 40 pips). However, it is not recommended to use this EA in real situations - it just gives you an idea of ​​how much money you can risk.

The EA can be used on any chart and timeframe, but please optimize it first. The example here is EURUSD M1, but I believe you can get more relevant results for EURJPY.

Attachment download

📎 very_blonde_system.mq5 (10.48 KB)

Source: MQL5 #17012