Meet the Equilibrium 2011, a cutting-edge multi-currency grid trading system designed for MetaTrader 5. It's not just another automated trader; it's a finely tuned solution with built-in risk control to help you navigate the markets smoothly.
Originally developed for the Automated Trading Championship 2011, this version, E04LC07-v4, has undergone significant updates, including a brand-new iteration, EQ3-06, bringing even more features to the table.
The source code is well-commented, making it user-friendly for those who love diving into the nitty-gritty.
Key Updates:
- Resolved an issue with closing positions;
- Enhanced optimization features added;
- Introduced a new "FreeTrade" mode—this offers no restrictions with a fixed percentage of margin used.
While this Expert Advisor might not always deliver the highest returns, it has the potential for consistent profitability over time. It shines when trading multiple currency pairs, and traders have found that lower TakeProfit values can ramp up the risk but often yield better returns.
It’s worth noting that during a restart, you might encounter an issue where the BestBalance resets to 0. However, if your current loss is below 10%, it will automatically close the position. You can tweak this threshold in the OnInit() function to suit your trading style.
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