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BullsBearsEyes EA - MetaTrader 5 Expert - MT4/MT5 Resources

author EAcpu | 5 reads | 0 comments |

BullsBearsEyes EA - expert for MetaTrader 5

Idea passed by screenwriter

mq5 code author - Bara Bashkakon

The Expert Advisor uses the Bull Bear's Eye custom indicator. Signal for opening a buy position: the indicator of bar #1 is equal to "0.0"; signal for opening a sell position: the indicator of bar #1 is equal to "1.0".

BullsBearsEyes EA - expert for MetaTrader 5

Stop Loss, Take Profit and Trailing Stop functions are configurable.

The EA can use constant lot size or dynamic lot size.


Attachment download

📎 bullsbearseyes_ea.mq5 (69.2 KB)

📎 bullsbearseyes.mq5 (7.42 KB)

Source: MQL5 #23234

BullsBearsEyes EA - MetaTrader 5 Expert Usage and Screening Advice

BullsBearsEyes EA - MetaTrader 5 Expert is a resource related to Forex indicators. 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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