The software allows users to define a macro channel using specific high and low price points, which it then fractionates into sub-levels for entry and exit signals. It features adjustable risk management including automated stop loss and take profit levels, a breakeven function referred to as safe operation, and filters to ignore trades during large market gaps or excessive candle volatility. Trading is restricted to user-defined time windows.
Read from Fimether9.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
HighChannelPrice
double
1877.74
Price High Channel
LowChannelPrice
double
1761.37
Price Low Channel
CHFractionate
Fractionate
F3
Fractionate Macro Channel
MChannel
MarkChannel
AC
Markations Channel
TTrend
TypeTrend
UP
Trend Type
TF
ENUM_TIMEFRAMES
PERIOD_CURRENT
Trade Time Frame
STGS
Strategies
S1
Trade Strategy
Lote
double
0.01
Trade Lote
OptionZero
bool
true
Auto Safe Operation
OptionZeroPoints
double
360.0
Safe Operation Points
TP
TypeProfit
T_JUS
Take Profit
SL
TypeStop
S_AUTO
Stop Loss
Show all 21 inputs
Name
Type
Default
Description
BigBarSizeLimit
double
500.0
Ignore Big Bar Size
GapSizeLimit
double
500.0
Ignore Open Market GAP Size
WaitCandlesAfterTrade
int
1
Wait New Candles
TradeStart
string
01:06
Trade Start Time
TradeEnd
string
23:59
Trade End Time
TPManual
double
360.0
Manual Take Profit
SLManual
double
360.0
Manual Stop Loss
TPPostion
double
0.0
Price Take Profit
SLPostion
double
0.0
Price Stop Loss
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone leandro-pzk/fimather from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
3Copy the filesCopy the .mq5 file into Experts.
4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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