Daydream - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
Author of the idea : Screenwriter
MQL5 code author : Balabashka Kong
The EA searches for the lowest and highest price channel subsections starting from subsection #1. If the closing price of bar #0 is lower than the lowest price, a buy position is opened, and if the closing price of bar #0 exceeds the highest price, a sell position is opened.
Taking profits ( virtual take profit ) is virtual here - when the virtual take profit is reached, the position is closed at the market price.
Attachment download
📎 daydream.mq5 (30.36 KB)
Source: MQL5 #22021
Daydream - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resource usage and screening suggestions
Daydream - 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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