Exp_ReOpenPositions - MetaTrader 5 Expert - MT4/MT5 Resources
The Expert Advisor increases the volume of open positions if the profit points of the last trade increase to the threshold fixed in the EA input.
The added data is stored somewhere in the string annotation in the following format: new quantity/latest transaction price/latest transaction volume .
Trade when a new bar appears.
Figure 1. Example of trade on chart
Attachment download
📎 tradealgorithms.mqh (178.23 KB)
📎exp_reopenpositions.mq5 (19.84 KB)
Source: MQL5 #16831
Exp_ReOpenPositions - MetaTrader 5 Expert Usage and Filtering Advice
Exp_ReOpenPositions - MetaTrader 5 Expert belongs to MT5 EA 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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