OverHedgeV2 - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
The author of the idea - the screenwriter .
mq5 code author - Balabashka Kong .
Close position
The EA sets the total profit level in points for all positions (opened by the EA) - the " Total profit target " parameter. At the same time, there is a limitation: no profitable position may have a profit lower than the " minimum profit target ". Therefore, a minimum profit threshold for the position in points is set. This method gives a more qualitative profit chart compared to the standard method of closing positions by profit expressed in monetary terms.
Define trends
Test EURUSD M5:
Attachment download
📎 overhedgev2.mq5 (42.28 KB)
Source: MQL5 #21411
OverHedgeV2 - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resource usage and screening suggestions
OverHedgeV2 - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resources belong to 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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