- March 2, 2015
- Posted by: LorenzaPlant
- Category: Expert Advisor
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votes: 9
Description:
Coensio Swing Trader makes it potential to commerce semi-routinely utilizing manually pre-outlined help/resistance or breakout ranges.
EA sends mechanically orders in response to predefined buying and selling path which may be outlined as merely as drawing a line on the chart. Trading SR and breakouts was by no means really easy.
EA buying and selling directions:
- Load EA on chart and set desired parameters: StopLoss, Takeprofit, Lots, EntryThreshold, Trailing StopLoss and so forth.
- Draw a breakout/trendline on chart (Insert->Lines->Trednline).
- Rename trendline based on desired commerce path "gl" = lengthy; "gs" = brief.
- Move Blue and Red line to regulate TakeProfit/StopLoss ranges.
- To allow proportional danger administration, set Lots=0; and e.g.: RiskMax=2 (in % of account fairness based mostly on StopLoss measurement).
- When FalseBreakClose=true, order might be closed when entry candle turns and closes within the fallacious course.
Image:
Source URL:https://www.mql5.com/en/code/11895