Coensio Swing Trader EA CSTV06 – expert for MetaTrader 4

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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:

  1. Load EA on chart and set desired parameters: StopLoss, Takeprofit, Lots, EntryThreshold, Trailing StopLoss and so forth.
  2. Draw a breakout/trendline on chart (Insert->Lines->Trednline).
  3. Rename trendline based on desired commerce path "gl" = lengthy; "gs" = brief.
  4. Move Blue and Red line to regulate TakeProfit/StopLoss ranges.
  5. To allow proportional danger administration, set Lots=0; and e.g.: RiskMax=2 (in % of account fairness based mostly on StopLoss measurement).
  6. When FalseBreakClose=true, order might be closed when entry candle turns and closes within the fallacious course.

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Coensio Swing Trader EA CSTV06 - expert for MetaTrader 4

Source URL:https://www.mql5.com/en/code/11895

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