Mechanical 1H (Mechanical 1H) | Foreign exchange EA download-MT4/MT5 resources-MetaTrader 5 resources
Hello, I started testing the expert I made to test the following mechanical situations.
EUR_USD 1H (but I think other pairs could be good too).
Buy Long: Bid > High[1] + Filter
Entry short: Bid < lowest price[1] – filter
Distance: (High[1]-Low[1])/2
Take Profit_1: Highest Price[1] + Distance
Profit_2: Highest price[1] + distance*2
If the first take profit is reached, take profit at half the position and move the stop loss to the break-even point. Exit and repeat at the beginning of the new column.
I'll be testing (and possibly improving) the experts over the next few days.
EUR_USD 1H (but I think other pairs could be good too).
Buy Long: Bid > High[1] + Filter
Entry short: Bid < lowest price[1] – filter
Distance: (High[1]-Low[1])/2
Take Profit_1: Highest Price[1] + Distance
Profit_2: Highest price[1] + distance*2
If the first take profit is reached, take profit at half the position and move the stop loss to the break-even point. Exit and repeat at the beginning of the new column.
I'll be testing (and possibly improving) the experts over the next few days.
Attachment to original post (1)
Mechanical 1H (Mechanical 1H) | Foreign Exchange EA Download- MT4/MT5 Resource Usage and Screening Suggestions
Mechanical 1H (Mechanical 1H) | Foreign exchange EA download-MT4/MT5 resources are 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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