Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

Fault Catcher - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources

author EAcpu | 2 reads | 0 comments |

Breakdown catcher - expert for MetaTrader 5

Breakdown catcher - expert for MetaTrader 5

Breakdown catcher - expert for MetaTrader 5

Breakdown catcher - expert for MetaTrader 5

Breakdown catcher - expert for MetaTrader 5

Breakdown catcher - expert for MetaTrader 5

Idea comes from: screenwriter

mq5 code: Barabashkakon

The EA works with pending Buy Stop and Sell Stop orders.

The buy stop is set at the high price of bar #1 + " indent " and the sell stop is set at the low price of bar #1 - " indent ".

Program parameters

Test EURUSD, M1:

Breakdown catcher - expert for MetaTrader 5


Attachment download

📎 breakdown_catcher.mq5 (74.36 KB)

Source: MQL5 #23443

Fault Catcher - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resource Usage and Screening Suggestions

Fault Catcher - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resources belong 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.

Verification code Refresh