xLiquidex_V2_Mod1 – expert for MetaTrader 4

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/MQL4/Indicators/

keltner_channels.mq4
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xliquidex_v2_mod1.mq4
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Description:

X-liquidex is an Impulsive/Volatility/Breakout Expert Advisor. It makes use of Range, Moving Averages and Keltner channel.

It's logics is straightforward but highly effective. It can greatest function in time-frames which are under M30, however deep analysis and testings as properly needs to be made earlier than it's used within the time frames.

Trade logics

Buy

• The costs ought to break above the keltner channels;
• Candle stick ought to be Z pips lengthy;
• The costs also needs to be above the shifting common.

Sell

• The costs ought to break under the keltner channels;
• Candle stick ought to be Z pips lengthy;
• The costs also needs to be under the shifting common.

Position administration

• Break even after A pips;
• Trailing cease after C pips;
• Take revenue after A pips;
• Stop loss after the place goes towards you by A pips.

Pros

• It is very worthwhile;
• Most of it is trades have a excessive probability of materializing to income.

Cons

• Slippage is a problem however resulting from it is excessive chance of profitable trades in addition to buying and selling in the direction of markets volatility is wins more often than not.

Consideration

When utilizing it please do contemplate to attenuate latency for higher efficiency.

Your inputs will probably be extremely appreciated in addition to observations.

In case you want a premium model of it that has extra volatility filters, you possibly can attain us at information(at)sbginter.com

MODIFICATION

• Equity safety;
• Hours buying and selling and deleting pending trades outdoors working hours;
• Put all Bid in ticks in a matrix;
• Calculating volatility for resizing all of the tick matrices.

Source URL:https://www.mql5.com/en/code/11726