SAW_system_1 - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resources

SAW_system_1 Expert Advisor places pending orders based on the volatility of the past N days. Stop loss is always set at the level of the opposite order, therefore, setting the stop loss value also sets the distance between the orders. Stop loss and take profit are not calculated in points, but as a percentage of the average volatility over a specified number of days.

The order is placed at a specific time (terminal time), and if it is not triggered, the order is deleted at the specified time.

Furthermore, when the first stop loss is triggered, the EA is able to "reverse" the position, or rather, when any order is opened, it does not delete the opposite order. In addition, when opening a position, the lot size of the opposite order can be increased to compensate for the loss, in case the position of the second order is closed due to loss.

The trading instrument does not matter as long as optimization is performed.

The time frame doesn't matter either, since everything happens before the terminal time.

suggestion:

Attachment download

📎 saw_system_1.mq4 (11.6 KB)

Source: MQL5 #15952