Forex Trading System
Introduction
In this project an algorithm was written for auto trading In the Forex market
Implemented in MetaTrader software.
The code is written in the MQL4 language (very similar to the C++ language).
The transactions are at intervals of hours to days and sometimes even minutes and therefore
in order that the trader not to be subject to the computer during most of the day
auto trading is required.
Automated trading is based on a strategy that calculates and determines entry and exit times
of multiple transactions and execute them in real time.
The purpose of the project is to show performance and there is no recommendation for using this strategy.
The Strategy
The strategy is built from 3 steps:
Step 1 - Entering a Long trade and placing a profit target d pips above.
Step 2 - Contains two scenarios:
1. The price has reached its destination = Close all transactions and return to Step 1.
2. The price goes in the opposite direction = After d / 2 pips away Entering a Short trade in double-dose and placing a profit target d pips below.
Step 3 - Contains two scenarios:
1. The price has reached its destination = Close all transactions and return to Step 1.
2. The price goes in the opposite direction = After d / 2 pips away Entering a Long trade in double-dose and placing a profit target d pips above.
Performance
Code
