Forex Fraus M1 - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources

Idea from : Dmitry Zaitsev

MQL5 code author : Balabashka Kong

The EA only runs (opens a new position) when a new bar appears.

The opening volume equals a lot . Stop Loss , Take Profit and Trailing Stop can be disabled by setting the appropriate parameter to "0.0".

The EA checks the value of iWPR (Williams Percent Range, %R) located on bar #0. The EA sells in overbought areas and buys in oversold areas. If time period control is enabled ( using time control == true), the time interval is configured from start time to end time.

When a signal appears, it is possible to close the opposite position: this can be done by setting Use Close Opposite Position = True.

EURUSD, M1, "Every price change is based on a real price change"

Attachment download

📎 forex_fraus_m1.mq5 (39.62 KB)

Source: MQL5 #21679