BARS Alligator - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
Author of this idea - Michael
mq5 code author - Bara Bashkakon
Stop Loss ( Stop Loss ), Take Profit ( Take Profit ) and Trailing can be specified.
Position size can be set to a fixed trading volume (set money management to a constant lot size ) or a dynamic individual risk percentage (set money management to a trading risk percentage ). The value of "money management" defines the lot size or risk percentage accordingly.
Attachment download
📎 bars_alligator.mq5 (49.83 KB)
Source: MQL5 #22384
BARS Alligator - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resource Usage and Screening Suggestions
BARS Alligator - 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.
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