If you're looking to step up your trading game on MetaTrader 4, the ExpertClor_v01 is a fantastic tool to have in your arsenal. Here’s what it can do for you:
Key Features of ExpertClor_v01
- Order Closure: Closes orders based on the intersection of two moving averages (default settings use 5 and 7).
- Automatic Stop Adjustment: It automatically moves the stop using the StopATR_auto indicator.
- Breakeven Positioning: Moves your opened position to breakeven once the price hits a specified level.
Attention! Please note that the EA only closes opened orders.
Input Parameters Explained
MA_CloseOnOff - Enable (1) or Disable (0) the order closure mode via MA intersection StATR_CloseOnOff - Enable (1) or Disable (0) the placement and modification of the stop using StopATR_auto MA_Fast_Pe - Period of the fast MA MA_Fast_Ty - Type of fast MA (0-SMA, 1-EMA, 2-SMMA (smoothed), 3-LWMA (weighted)) MA_Fast_Pr - Price type for fast MA (0-Close, 1-Open, 2-High, 3-Low, 4-HL/2, 5-HLC/3, 6-HLCC/4) MA_Slow_Pe - Period of the slow MA MA_Slow_Ty - Type of slow MA (0-SMA, 1-EMA, 2-SMMA (smoothed), 3-LWMA (weighted)) MA_Slow_Pr - Price type for slow MA (0-Close, 1-Open, 2-High, 3-Low, 4-HL/2, 5-HLC/3, 6-HLCC/4) TimeFrame - Operational timeframe (1-M1, 5-M5, 15-M15, 60-H1, 240-H4) BezUb - Profit level in points to move the order to breakeven CountBarsForShift - Parameter of StopATR_auto indicator - distance in bars for displaying stop CountBarsForAverage - Parameter of StopATR_auto indicator - amount of averaging bars for stop calculation Target - Parameter of StopATR_auto indicator - coefficient for increasing the average bar value for stop calculation
Remember, the StopATR_auto indicator must be placed in the Indicators folder of your MT4. You don't need to attach it to the chart; the EA will handle that for you!
Comments 0