e-TurboFx - MetaTrader 5 Expert - MQL5 #1105 - MT4/MT5 Resources
This Expert Advisor is rewritten from MQL4, author is Rick D , link to source - https://www.mql5.com/en/code/7262 .
The Expert Advisor "catches" rollbacks after strong moves. If we look at N bars in one direction, as the body size increases, the position will be opened in the backward direction.
The image shows the Expert Advisor working in the visual mode of the strategy tester.
Attachment download
📎 e-turbofx.mq5 (10.89 KB)
Source: MQL5 #1105
e-TurboFx - MetaTrader 5 Expert - MQL5 #1105 Usage and Filtering Advice
e-TurboFx - MetaTrader 5 Expert - MQL5 #1105 belongs to 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 only on titles or short-term profit descriptions.
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