GAP TRADING MT4-expert advisor for trading on gaps. This strategy is very popular in the FOREX market – when there is a gap on the chart, most often the price then closes it. The Expert Advisor rarely trades, mainly at the opening of a new week on Monday, so testing should be carried out over a large period of time. The most volatile pairs are suitable for working: GBPUSD, USDCAD, EURUSD, USDJPY, USDCHF, AUDUSD, NZDUSD.

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PARAMETERS:

• OPENING_POSITIONS-select positions to open;
• TIMEFRAME_ATR – ATR timeframe;
• PERIOD_ATR – ATR period;
• GAP_SIZE_IN_PIPS-measure the gap size in points or as % of ATR;
• MINIMUM_GAP_SIZE – gap size;
• MAX_SLIPPAGE – maximum slippage when opening a trade;
• MAX_SPREAD – maximum spread when opening a trade;
• COMMISSION_CONTROL – if the broker has a commission for the transaction, set the COMMISSION_CONTROL = true flag;
• COMMISSION_PER_LOT-commission for 1 lot;
• RISK_PER_TRADE-calculation of the trading lot depending on the risk per trade. If = 0.0, then not used;
• LOTS – the starting lot for each N of the balance (the FROM_BALANCE parameter);
• FROM_BALANCE – N units of the base currency for calculating the lot;
• OPEN_INTERVAL_MINUTES – minimum interval between opening new orders in minutes;
• OPEN_INTERVAL_PIPS – minimum interval between opening new orders in pips;
• PAUSE_AFTER_CLOSING – pause after the order is closed, between the next trades;
• MAX_OPEN_ORDERS – maximum number of unidirectional orders;
• START_LOT_MULTIPLIER – from which position to start increasing the lot;
• LOT_MULTIPLIER – lot multiplier;
• MAX_OPEN_LOT – maximum lot;
• CLOSE_DELAY_MINUTES – minimum transaction duration in minutes;
• STOPLOSS_PERCENT-use stop loss as a percentage of the balance;
• STOPLOSS-stop loss;
• TAKEPROFIT_PERCENT – use take=profit as a percentage of the balance;
• TAKEPROFIT – take=profit;
• BREAKEVEN-profit in pips, at which the stop loss will be set to the breakeven level. If = 0, it is not used;
• TRAILING_STOP – the size of the trailing stop in pips, by which the fixed profit will change. If = 0, it is not used;
• TRAILING_STEP – the trailing stop step in pips that remains for the price move after the stop loss modification;

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