Maximize Your Trading with the Gaps EA for MetaTrader 5

Mike 2018.08.23 23:09 27 0 0
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Meet the Creator: Scriptor

MQL5 Code Contributor: barabashkakvn

The Gaps EA is designed to open positions with customizable lot sizes. You can easily set your stop loss and take profit levels, and there's even an option to enable trailing stops for your trades. For best results, it's recommended to run this EA on the M1 timeframe.

Each time a new bar forms on your selected timeframe, the EA scans for any gaps. If it detects a gap, it evaluates it against your defined gap threshold. Depending on the direction of the gap, the EA will then open a position accordingly.

When trading the EURUSD, the highest profits were observed on the M6 timeframe:

Gaps

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