Gap - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
Author of the idea : Screenwriter
MQL5 code author : Balabashka Kong
EA opening positions have a lot of volume. We can set stop loss and take profit. Tracking can be enabled for a position. It is recommended to start the EA on M1.
Approximately when a new bar appears at the specified position, the EA checks whether a gap exists. If yes, then with the gap threshold. After that, open a position according to the direction of the gap.
On EURUSD, M6 detected the highest profits:
Attachment download
📎 gaps.mq5 (33.61 KB)
Source: MQL5 #21617
Gap - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resource Usage and Screening Suggestions
Gap - 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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