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MetaTrader 4

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Shutter

shutter-logo-200x200-7695
150 $113 $

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Information

Experts
MetaTrader 4
Ivan Simonika
1.0
5

Overview

The Shutter Expert works using pending orders of the Stop-Limit type in a limited number in the series, the series is limited to 3 orders, in the settings you can change the LimitTrades parameter. When the market reaches a given pending order, it turns into a real one and thus a series is formed up to a maximum of 3 orders. The series is closed when the take profit, stop loss or trailing stop is reached. Also, the series can be closed with a close signal.

Work only on the GPBUSD currency pair and the H1 timeframe.

Conditions
  1. Currency pair: GPBUSD
  2. Timeframe: H1
  3. Leverage 1: 100
  4. Normal deposit: $ 3000.
  5. Allowed spread: up to 200 pips.
Options:
  1. Magic - Magic number.
  2. Requotes - Requotes.
  3. tryOrder - The number of repetitions of opening or closing a deal if the market does not allow closing.
  4. StartVolume - Volume, if money management is disabled (OnRisk = 0).
  5. OnRisk - Money management, according to the system for calculating the volume relative to the deposit, the base deposit for the calculation is set by the PercentRisk field.
  6. PercentRisk - Base deposit for calculation.
  7. StopLoss - Basic stop loss.
  8. TakeProfit - Basic take profit.
  9. InsideSegment - Filter for input signals.
  10. LimitTrades - Limit on the number of orders in a series.
  11. TrailingOn - Turns on trailing stop.
  12. TrailingStart - Start of trailing stop.
  13. TrailingStop - Trailing stop.
  14. Period - The number of bars to calculate.
  15. CalcBars - Number of correction bars.
  16. Size - The size of the pattern.

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