CM-Close Far Loss Expert Advisor | MT5 EA Download-MetaTrader 5 Resources

CM-Close Far Loss Expert Advisor review and download instructions

This article organizes EA related to CMillion Expert Advisor. The content has been removed from the Russian language and external website promotion information, and has been reorganized according to the common concerns of foreign exchange EA users, making it easier to judge whether it is suitable for real trading or testing environments.

strategic positioning

This type of EA is usually used in automated trading scenarios of MT4 or MT5. Before formal use, you should first confirm the trading variety, cycle, spread, slippage, leverage and broker execution conditions to avoid directly treating a single historical performance as a future profit expectation.

Testing recommendations

It is recommended to test separately in a demo account and a small capital account first, focusing on observing the maximum drawdown, continuous losses, holding time, news market performance, and the sensitivity of parameters to different market stages.

Key points of English page

cm-Close Far Loss algorithm:

1. The Expert Advisor tracks open positions for all or a given instrument. Adds up the profit of all positive positions.”

2 is looking for the most unprofitable position.”

3 closes the far and all positive ones when the total profit is reached”

CloseProfit = 10; – close by the total profit in the currency

of the Wizard are distributed free of charge.

You will not be able to check its operation in the strategy tester, so I recommend using it on a demo account first, in order to clearly understand how it works.

cm-Close-Far-Loss.mq4 13.3 KiB 1459 Downloads Details Date: 17.05.2021

Risk warning

EA cannot eliminate market risk. Grid, martin, scalping, arbitrage, and high-frequency strategies are particularly dependent on the trading environment. Stop-loss logic, order quantity limits, and capital occupation under abnormal market conditions should be separately evaluated before placing a firm offer.