A method based mostly on a breakdown in the wrong way, utilizing pending BUY LIMIT, SELL LIMIT orders.

Advisable foreign money pair/timeframe: EURUSD M30.

• Magic — Transaction ID.
• Order Remark— Feedback on the order.
• Slippage — Permissible slippage earlier than the order is triggered.
• Order Kind — Selecting the path of commerce.
• Max Unfold — The utmost allowable unfold earlier than triggering a pending order.
• disable commerce if unfold excessive — Switching off buying and selling for a sure time (from 5 minutes to 24 hours) if the typical unfold exceeds Max_Spread.
• Fixed_Lot — The lot is fixed (if Use_Risk_MM is fake).
• Use_Risk_MM — If true, the lot measurement will increase with the expansion of the account steadiness.(Threat administration).
• Percentage_Risk — Growing the lot measurement based mostly on the steadiness (threat administration in %).
• Take_Profit — Take revenue in factors.
• Stop_Loss — Cease loss in factors.
• Breakeven_Target_PipsInp — If the value exceeds this worth, breakeven is triggered. (-1 = off).
• Breakeven_Jump_PipsInp — The cease loss strikes to breakeven by this worth.
• Trailing_Stop — Trailing factors when the place is in revenue. (-1 = off, 0 = Stop_Loss ).
• Trailing_Step — The trailing step when the place is in revenue.
• Risk_Protection_on_slippages — If true, the Professional Advisor makes use of a system for closing positions when slippage happens.
• Adaptive_Trailing_to_slippages — If true – Adaptive trailing cease.
• Change_correction_coefficient — The trailing sensitivity coefficient.
• Adaptive_by_Time — Adaptive time-tracking algorithm.
• Time_Scale — Time vary for value evaluation.
• Show_Info_Panel — true – data panel, false – fast testing within the technique tester.

[spoiler title=”Read More…”]

Buying and selling by time inside a day:

• Use time — If true, buying and selling is timed.
• Time_Setting — Server time or laptop time.
• GMT_mode — The mode for figuring out the dealer’s server time offset relative to GMT. (0 – unused).
• Every_Day_Start — Begin time (hh:mm).
• Every_Day_End — Finish time (hh:mm).

Shutdown time on Friday:

• Use time — If true, the commerce is timed.
• Time_Setting — Server time or laptop time.
• GMT_mode — The mode for figuring out the offset of the dealer’s server time relative to GMT. (0 – unused).
• Disable_in_Friday — The tip time is on Friday (hh:mm).

[/spoiler]