Autotrader Momentum - MetaTrader 5 Expert - MT4/MT5 Resources
The author of the idea - collector
mq5 code author - Bara Bashkakon
To disable Stop Loss, Take Profit or Trailing Stop, simply set Stop Loss , Take Profit or Trailing Stop to "0.0".
Signal for opening a position - Compare the closing price of the current bar # of the current bar with the one on the comparison bar # of comparable bars:
A buy opening signal is also a sell closing signal, and a sell opening signal is also a buy closing signal. First close the previous position before opening a new one.
Attachment download
📎autotrader_momentum.mq5 (35.21 KB)
Source: MQL5 #22409
Autotrader Momentum - MetaTrader 5 expert usage and filtering advice
Autotrader Momentum - MetaTrader 5 Expert belongs 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.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •
