Rollback System - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
The author of the idea - the screenwriter
mq5 code author - Bara Bashkakon
Define the channel width ( channel open and close ) for the previous day. If the channel width is sufficient, the amount of rollback is determined ( rollback and channel rollback ). Painting obj_rectangular object.
The channel width is calculated as the difference between the opening price of bar #24 and the closing price of bar #1.
If the conditions for opening a position are met, the channel is displayed as OBJ_Rectangular Purpose:
Attachment download
📎 rollback_system.mq5 (43.2 KB)
Source: MQL5 #22142
Rollback System - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resource Usage and Screening Suggestions
Rollback System - 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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