NTK 07 - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resources


Place two pending orders at a distance of netstep from the current price. If one of them is triggered, delete the other one. Place another pending order in the price movement direction of netstep, but the lot size is multiplied by mul.
Wait until the maxtrades number of open trades or LotLim is reached
After that, it tracks the stop loss along the price direction and takes profit, that is, the task is to catch the trend rather than lose money when flat. Therefore, maxtrades, stop loss, take profit depend on market fluctuations, and mul should be less than 2 to avoid losing too much due to accumulated margin. In short, EA operation is the most stable when using the smallest possible values of these parameters

Figure 1 shows the EURUSD daily price change chart (daily bar chart) with EA parameters optimized for the period January 1, 2008 - November 1, 2008.
The EA was working fine in the last two months of 2007, the chart confirms this (high volatility), any time frame

I'm asking for help from anyone who likes this EA or thinks it's reasonable.
1. The retracement is large and can be filtered according to some indicators to close the position early, postpone the closing or moving the stop loss, and make a profit (I can't do this, or rather, it doesn't get better)
2. If anyone has good live trading experience please, I really hope EA can reach that status...
(for example, in the fxstart demo it does not modify the order (in the tester everything works fine), on forex4u everything works fine)
Any feedback, comments, and suggestions would be greatly appreciated!
Send modification experts, set up files for different instruments, find bugs I will not lock or sell the EA and I will send the latest version to anyone who can make it work.
And I am against selling this EA!
(Not because it's good/bad, but because IMHO only the author has the right to do that)
Attachment download
📎NTK_07.mq4 (13.79 KB)
Source: MQL5 #8706
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