Transactions can be fully automated and Traded by a trading robot: Expert Advisor or EA.
An expert advisor or EA is a trading program that automatically between transactions, according to certain rules and thereby invest in the market without the intervention of the investor.
An expert advisor or EA is able to analyze the current market situation to decide and negotiate on the financial markets.
The algorithm robot trader Exp CHO with flat is based on the signals provided by CHO with flat indicator.
The indicator is flat CHO with an oscillator CHO Chaikin Oscillator combined with Bollinger bands to determine the flat or flat markets (lateral movement of the price)
The expert advisor EA Exp CHO with flat can be used with all pairs Forex and time frames.
included
exp_chowithflat.mq5
chowithflat.mq5
cho.mq5
tradealgorithms.mqh
smoothalgorithms.mqh
Exchange Broker - Broker Online : Trading Platform MT5 Metatrader
Strategy - Rules Of Trading
. Stop loss: pips
. Take Profit:
pips . Lots: -
. Trailing Stop: -
* Buy signal: bullish trend
The stock robot Exp CHO with flat automatically executes a buy order at the close of the candle when:
. cloud / cloud CHO with flat changes color and becomes bullish
* Selling signal: bearish trend
The stock robot Exp CHO with flat runs an a short sale order at the close of the candle when:
. cloud / cloud CHO with flat changes color and becomes bearish
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