Forex GAP Grid Expert Advisor

Forex Dragon Expert Advisor review:

Often after the weekend, a price GAP appears on the chart. In more than 95% of cases, the price quickly returns to the Friday closing level.
The EA determines the GAP and opens orders in the direction of closing the GAP.
Benefits
  • high probability of profitable trades
  • using a grid of orders to increase profits
  • setting order volumes
  • hidden stop loss and take profit
  • managing the grid of orders as a single position

Test results:

Forex GAP Grid Expert Advisor

Parameters:

  • StartTrading, EndTrading – trading time. Trading time is limited to exclude the opening of orders during the day during the news
  • Lot – lot size
  • LotMultiplier – lot increase ratio when using a grid of orders
  • OrdersStep – step of the grid of orders
  • MaxOrders – number of orders
  • Min_GAP_size – minimum gap size for opening an order
  • TakeProfitPercent – used to calculate take profit as a percentage of the size of the gap
  • StopLoss – stop loss of a position
  • Trailing – enable trailing stop
  • Trailing_Start – start trailing
  • Trailing_Distance – distance to price
  • Trailing_Step – trailing step
  • BreakEven – enable breakeven
  • BreakEven_Profit – profit at which the order is transferred to breakeven
  • BreakEven_Fix – Number of pips for fixing profit
  • MagicNumber – magic number of orders

Download our other Free Forex Robots For Metatrader 4

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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