Exp_X2MACandle_MMRec - MetaTrader 5 Expert - MT4/MT5 Resources

Add input EA variable block for managing the trading volume of the opened position:

 Enter the unit purchase total MMTriger=3; // The quantity of the last buy transaction is used to calculate the stop loss
Input unit: buying loss MMTrigger=2; // Reduce the number of MM's losing buying transactions
Input unit Sell total MMTriger=3; // The last sell transaction quantity is used to calculate the stop loss
Input unit selling lossMMTriger=2; //The number of losing selling transactions to reduce MM
Enter double the small MM_= 0.01 ; // Margin share when a loss occurs in the transaction
Enter double MM= 0.1 ; // Share of margin in a trade during normal trading
Enter the margin mode MMMode=LOT; // Lot size determination method

In the case of such inputs, when choosing from the last 5 trades (3 of which were losses in a single direction), the EA opens the next trade in the same direction with a volume of 0.01 lots. If the last 5 losing trades are less than 3, the position will be 0.1.

In order for the generated EA to run correctly, the compiled indicator files X2MA.ex5 and X2MACandle.ex5 should exist in <terminal data directory>\MQL5\indicators .

During testing the default Expert Advisor's input parameters without stop loss were used, as shown below.

Figure 1. Example of trade on chart

2017 USDJPY H6 test results:

Figure 2. Test result graph

Attachment download

📎 Exp_X2MACandle_MMRec.mq5 (17.69 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 TradeAlgorithms.mqh (237.01 KB)

📎 X2MA.mq5 (16.54 KB)

📎 X2MACandle.mq5 (17.14 KB)

Source: MQL5 #22311