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OHLC Check - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources

author EAcpu | 4 reads | 0 comments |

OHLC Check - expert for MetaTrader 5

Idea from : Alexei Lopatin

MQL5 code author : Balabashka Kong

The EA only runs when a new bar appears.

To facilitate testing, the operating time range is available as a separate parameter. This makes it possible to test the Expert Advisor for the selected symbol using all time frames.

The EA can trade with constant lots ( lots > 0 and risk == 0), as well as using dynamic calculations ( lots == 0 and risk > 0). Here:

Symbol EURUSD, "Every price change is based on a real price change":

OHLC Check - expert for MetaTrader 5


Attachment download

📎 ohlc_check.mq5 (35.62 KB)

Source: MQL5 #21653

OHLC Check - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resource Usage and Screening Suggestions

OHLC Check - 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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