Forex Breaking Bad Expert Advisor

Forex Breaking Bad Expert Advisor review:

The Expert Advisor works based on the principle of building up position (Martingale) when the price touches the defined channel boundaries.

Settings

  • Start – if false, the Expert Advisor will not open a new series of transactions;
  • Distance1 – distance (points) from the current price, at which a Buy order will be opened;
  • Distance2 – distance (points) from the current price, at which a Sell order will be opened;
  • Distance3 – distance (points) from the previous order, at which an opposite position with the lot multiplied by K will be opened;
  • OneProfit – profit (points) if there is one open position;
  • MinProfit – profit (points) if there are several open positions;
  • MaxLot – maximum order volume;
  • K – order increase coefficient;
  • Lot – initial (first) order volume;
  • Magic – ID of the orders;
  • Slippage.

Test results:

Forex Breaking Bad Expert Advisor

Installation

Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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