EA_MALR - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
Expert Advisor drawn based on the MALR indicator. Provides trailing stop loss, lot increase, averaging and reversal functions.
EA_MALR Expert Advisor is drawn based on the MALR indicator (author unknown). Prices pass through from top to bottom
It includes the following features:
EUR/USD test results since 2000. Initial lot size 0.10, initial deposit 10000$, 1:500, MetaQuotes-demo.
The chart with and without lot increase is shown below.
Averages and reversals are not used (only Stop Loss/Take Profit is used).
Enable averaging function (disable inversion function).
Inversion is enabled (Averaging function is disabled).
Both REVERSAL and AVERAGING functions are enabled.
The Expert Advisor will be protected from data loss in the event of key disconnection, network errors and restarts of the Expert Advisor (terminal).
Main settings of the Expert Advisor (when set to zero, these settings are not used):
Attachment download
📎ea_malr_v_1-01.mq5 (14.94 KB)
📎 malr.mq5 (4.35 KB)
Source: MQL5 #1198
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