Exp_ColorXPWMA_Digit_MMRec - MetaTrader 5 Expert - MT4/MT5 Resources

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 ColorXPWMA_Digit.ex5 indicator file must be in the <terminal data directory>\MQL5\indicator folder.

The default Expert Advisor input parameters with stop loss were used during the test as shown below.

Figure 1. Example of trade on chart

2017 GBP/JPY H1 test results:

Figure 2. Test result graph

Attachment download

📎 Exp_ColorXPWMA_Digit_MMRec.mq5 (18.23 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 ColorXPWMA_Digit.mq5 (21.2 KB)

Source: MQL5 #21723