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for_max_v2 - Expert for MetaTrader 4

for_max_v2
TypeExperts PlatformMT4 Version10 Date created19 December 2015 Date updated19 August 2017
Formatmq4 Size5.9Kb Downloads357 Rating
3 of 5
based on 96 rates

The represented trading advisor uses absorption models as well as "hammer" + "hanged."

The signal to buy looks like this:

  • The closing price of the candle that crossed the entry level should be above the previous entry level. Immediately after the closing price, a buy order is open. However, it is not so important that the candle is the next as it is shown in the figure below. The main thing is to confirm the closure above the previous entry level.

The signal for sale is exactly reverse - when the candle closed below the old entry level.

The picture below is the result of testing the pair GBP/JPY, M15.

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