Gap DM - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
Idea from - Vladimir Hristov
mq5 code author - Bara Bashkakon
The Expert Advisor waits for a gap at the opening of the bar. If a gap is found (Close #1 - Open #0), the EA opens a position opposite to the gap. Configurable settings: Stop Loss, Take Profit, Lot type: Constant or Dynamic (money management) and Maximum size for open market positions.
Attachment download
📎 gap_dm.mq5 (50.67 KB)
Source: MQL5 #23223
Gap DM - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resource usage and screening suggestions
Gap DM - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resources are 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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