Kick Back - MetaTrader 5 Expert | Forex Indicator Downloads - MT4/MT5 Resources - MetaTrader 5 Resources
Thoughts by - Alex
mq5 code author - Bara Bashkakon
Note: EA only works on hedging accounts!
The Expert Advisor opens two multidirectional positions. Once both positions are closed (by triggering Stop Loss or Take Profit), both long positions will be opened again on a new bar.
Only Stop Loss and Take Profit are available from the parameters. No trailing and indicators are used.
Attachment download
📎 back_kick.mq5 (58.43 KB)
Source: MQL5 #23628
Kick Back - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Back Kick - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 resources are resources related to Forex indicators. 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 on titles or short-term profit descriptions.
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