Binario - MetaTrader 4 Expert - MQL5 #7658 - MT4/MT5 Resources
5. Set the stop loss for the short position at 1 pip above the "Binario" upper line. In both cases, the spread will increase by 1 pip. Stop loss levels can be adjusted hourly or as needed.
Attachment download
📎 Binario_3.mq4 (4.89 KB)
Source: MQL5 #7658
Binario - MetaTrader 4 Expert - MQL5 #7658 Usage and Filtering Advice
Binario - MetaTrader 4 Expert - MQL5 #7658 belongs to MT4 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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