SuperTake - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resources
EA operation logic: Open a buy order with take profit and stop loss. If the order is closed by stop loss, the take profit of the next order will be equal to the take profit of the previous order multiplied by the coefficient.
When a buy position is closed via Stop Loss or Take Profit, a sell order with Take Profit and Stop Loss is opened. If the order is closed via Stop Loss, then the Take Profit of the next order will be equal to the Take Profit of the previous order multiplied by the coefficient.
Attachment download
📎 supertake.mq4 (6.52 KB)
Source: MQL5 #13121
SuperTake - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resource Usage and Screening Suggestions
SuperTake - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 resources belong 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 on titles or short-term profit descriptions.
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