Hi Everyone,
I've written a MQL5 tool to handle trade management automatically. Basically after watching Raja and Don Vo Youtube streams, I couldn't wait around for the hours it takes for the trades to eventuate (where I live in the world means I need to sleep when the market is most active). So I developed my own EA which allows you to manually set the buy / sell levels, the EA will wait until there is a candle close above resistance/below support, then opens a trade in the direction of the breakout. Risk is auto calculated based on the stop loss level and there are different ways to exit (trailing stop, moving stops to breakeven and setting the target take profit level).
Really I'm after some input on how to make this better and eventually list on the MQL marketplace to see if I can get a few extra dollars from my efforts.
Just put the attached file into your "Experts" folder in MT5 and load it to the chart. Enter the max lot size parameter and have a play around with the parameters. Of course I'm after feedback to make this better so please chime in with any ideas which you think could help.
I've written a MQL5 tool to handle trade management automatically. Basically after watching Raja and Don Vo Youtube streams, I couldn't wait around for the hours it takes for the trades to eventuate (where I live in the world means I need to sleep when the market is most active). So I developed my own EA which allows you to manually set the buy / sell levels, the EA will wait until there is a candle close above resistance/below support, then opens a trade in the direction of the breakout. Risk is auto calculated based on the stop loss level and there are different ways to exit (trailing stop, moving stops to breakeven and setting the target take profit level).
Really I'm after some input on how to make this better and eventually list on the MQL marketplace to see if I can get a few extra dollars from my efforts.
Just put the attached file into your "Experts" folder in MT5 and load it to the chart. Enter the max lot size parameter and have a play around with the parameters. Of course I'm after feedback to make this better so please chime in with any ideas which you think could help.
Attached File(s)