Simple EA - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
The simplest buying and selling robot!
It is based on the EA description forum :
“The idea is to buy (say) about 0.01 lots at the current price. Once the price rises by (say) 46 pips, the trade ends (with a profit). Then repeats, etc. But if the price goes in the wrong direction by (say) 31 pips, the trade ends (but with a loss). Then a sell trade starts. After the price falls by 46 pips, it ends with a profit, or if it goes up by 31 pips, with a negative result. And so on, and the cycle repeats”
Attachment download
📎 simple.mq5 (2.56 KB)
Source: MQL5 #2200
Simple EA - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resource Usage and Screening Suggestions
Simple EA - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 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 on titles or short-term profit descriptions.
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