Trend Correction Free
The adviser finds the trend of the currency pair on a given number of bars, then determines the time of the onset of correction. If the trend is strong enough, and the correction becomes equal to the one specified in the parameters, then the adviser can open a trade in the direction of the trend, if additional indications of indicators confirm the opening of the trade. You can set different correction values and many other parameters. This version of the Expert Advisor is free, it has limitations: the starting lot cannot be higher than 0.1; can only trade on H1, M30 timeframes; fewer adjustable parameters, unlike the extended version, there is no trailing stop. To trade without these restrictions, use the enhanced version of the advisor:
https://www.mql5.com/en/market/product/36953
Advisor Parameters:
- Lots - lot size;
- MaxSpread - the maximum spread for opening a trade (for accounts with a floating spread, so that a trade is opened when the spread is not too large);
- Magic - a unique identifier (it is necessary to do it differently, if several advisers are running in one terminal);
- StopLoss - stop loss (in points);
- TakeProfit - take profit (in points);
- Stop to breakeven after - set stop loss to breakeven after passing the specified number of points;
- CountBars - the number of bars for trend search and correction;
- BarsShift - maximum shift of bars when searching for a trend from its beginning;
- MinPriceDistance - minimum trend distance in currency pair units for opening a trade;
- PercentCorrection - percentage of correction (recommended from 0 to 62);
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