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Exp_UltraMFI_MMRec - MetaTrader 5 Expert - MT4/MT5 Resources

author EAcpu | 2 reads | 0 comments |

Exp_UltraMFI_MMRec - expert for MetaTrader 5

Exp_UltraMFI_MMRec - expert for MetaTrader 5

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

Enter the unit purchase total MMTriger= 5 ; // The quantity of the last buy transaction to calculate the stop loss Input unit buying loss MMTriger= 3 ; // Reduce the number of loss buying transactions of MM Input unit Sell total MMTriger= 5 ; // The quantity of the last sell transaction to calculate the stop loss Input unit Sell loss MMTriger= 3 ; // Number of losing sell 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 Ultra MFI.ex5 indicator file must be in the <terminal data directory>\MQL5\indicator folder.

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

Exp_UltraMFI_MMRec - expert for MetaTrader 5

Figure 1. Example of trade on chart

2017 GBP/USD H4 test results:

Exp_UltraMFI_MMRec - expert for MetaTrader 5

Figure 2. Test result graph


Attachment download

📎 Exp_UltraMFI_MMRec.mq5 (19.19 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 TradeAlgorithms.mqh (236.36 KB)

📎 UltraMFI.mq5 (21.9 KB)

Source: MQL5 #21793

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