Expert Advisor FU N-Bar

Test monitoring:

www.myfxbook.com/strategies/fu-n-bar/177824

Features / Requirements:

System Type: Mesh
Timeframe: M5
Minimum balance: 5000
Number of characters: 5 (0.xxxxxx)
Currency pair: EURUSD
Expected Profit / Loss Ratio: 4.8 / 1

Installation:

There are no special requirements or comments. It is installed as a regular adviser for a pair of EURUSD M5 timeframes.

Description of the algorithm:

EA searches for the entry point based on a given number of bars by adjusting the parameter «n».
If the initial orders do not bring profit, EA opens additional orders in the same direction in the form of a grid.
The exit is carried out upon reaching TPproc profit as a percentage of the balance.
Attention! Advisor does not use stop loss.

Description of parameters:

Risk ……………………………………………. Percent risk
Exponenta ……………………………………………. The degree of increase in the lot
TPproc ……………………………………………. Profit as a percentage of the balance
Step ……………………………………………. Step between orders
n ……………………………………………. The number of bars in history for analysis
Magic ……………………………………………. Order marker

For open source .mq4, contact:

 Phone: +380963149190
 E-Mail: forexforua@gmail.com 
 Skype: FOREXforUA
 Telegram: @forexforua

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