Absorb - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
Idea from : Sergey .
MQL5 code by : Vladimir Karputov .
The EA trades using the absorption mode. It places pending orders Buy Stop and Sell Stop. It can bring a position to breakeven, or it can make a position fall behind. Separate take profit settings for buy and sell.
Absorption in Article #2:
#1 Absorption in a Stick
Tested in the quote generation mode of "Every quote based on real quotes" in GBPUSD, the first half of 2018.01.01 to 2018.04.25:
Attachment download
📎 absorption.mq5 (49.54 KB)
Source: MQL5 #20565
Absorb - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resource Usage and Screening Suggestions
Absorb - 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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