Explosion - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resources

 Enter double_many = 0.01 ; // many
Input integer_SL = 20 ; //SL
Input integer_TP = 10 ; //TP
Input integer_MagicNumber = 4425 ; //Magic
Input integer_TrailingStop = 0 ; //Trailing stop loss
Input integer_TrailingStep = 1 ; //Trailing step
input string_comment = "Forex Robot" ; //Comment
Input integer_slippage = 3 ; //slippage
Input boolean _OnlyOneOpenedPos = true ; //There is only one position per bar
input boolean_autonumber = true ; //autonumber
//>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

// ---
boolean op_buy_sig()
{
if (((e_High() - e_Low()) > ((e_High1() - e_Low1()) * 2 )) && (e_Close() > e_Open()))
Return true ;
// --- Return wrong ;
} // ---
boolean op_sell_sig()
{
if (((e_High() - e_Low()) > ((e_High1() - e_Low1()) * 2 )) && (e_Close() < e_Open()))
Return true ;
// --- Return wrong ;
}

The optimal time frame is 4 hours. The consultant's idea is very simple. Take advantage of the explosive effect of current prices (the reason can be any). It is at this time that a position is opened in the direction of the pulse.

This strategy allows you to effectively use trailing stops to accompany positions. Stop loss, set no more than 20 points.

Attachment download

📎 explosion.mq4 (37.88 KB)

Source: MQL5 #24991