Awesome Oscillator Trader 2 - Continue Modification - MetaTrader 4 Expert
I decided to use the original code submitted by raposter here and modified my own 1.1 version to the next level of modification. In this section I will also add stop loss and take profit for average true range calculation. Version 1.1 has been modified with better risk assessment, dynamic position sizing system, now it's time to try Average True Range based Take Profit and Stop Loss and upgrade to version 1.2.
Attachment download
📎 awesomeosctrader_v1_1.mq4 (50.58 KB)
📎 awesomeosctrader_v1_2.mq4 (51.05 KB)
📎 awesomev2.mq4 (3.43 KB)
Source: MQL5 #26021
Awesome Oscillator Trader 2 - Continue to Modify - MetaTrader 4 Expert Usage and Screening Advice
Awesome Oscillator Trader 2 - Continue to modify - MetaTrader 4 experts 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 only on titles or short-term profit descriptions.
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