NO.11 EA for MT5 using Bears Bulls Power FX Automatic trading

NO.11 EA for MT5 using Bears Bulls Power FX Automatic trading

☆ Basic specifications
After fixing the time axis, calculate the bull power and bare power,
Both bull power and bare power values ​​are greater than “0”
Let’s say “buy sign”.
Both bull power and bare power values ​​are less than “0”
Let’s call it a “sell sign”.

If you have a position,
If the index reverses
After closing the position
Get the opposite position.

☆ InPut input value setting (variable name initial value explanation)
// BearsPower
BeP_period = PERIOD_CURRENT; // Target time axis
BeP_period_kikan = 13; // Calculation period

// BullsPower
BuP_period = PERIOD_CURRENT; // Target time axis
BuP_period_kikan = 13; // Calculation period

//Profit ant Stop loss setting
//When ordering
TP_Bairitu = 0; //Profit when ordering : 0 = Not set, Other than= Rate from current price >> Example: 0.005
SL_Bairitu = 0; //Profit when ordering : 0 = Not set, Other than= Rate from current price >> Example: 0.005
//At the time of tick
TP_kin = 100; //tick time Profit : 0 = not set, Other than = Fixed value >> Example: 100
SL_kin = -100; //tick time Stop loss : 0 = not set, Other than = Fixed value >> Example: -100(Negative value)

//lot and magic number
input double Fix_Lot = 0.01; //Order lot
input ulong MagicNumberA = 123456789; //magic number
input bool log_out = 0; //output the log
input bool DamiDami = 0; //Dummy setting for optimizing invalidity

supplementary explanation

TP_Bairitu and SL_Bairitu are set when the position is acquired.
If it is 0, there is none.
If 0.01, the current price is
If it is 100 yen, the profit will be 101 (100 + 100 * 0.01).
The stop loss is 99 (100-100 * 0.01).

Enter fixed values ​​for TP_kin and SL_kin. Judgment is made for each Tick.
If you enter TP_kin as 1000, it will be settled when the profit and loss becomes 1000 or more.
If you enter -100 in SL_kin, the profit and loss will be settled when it exceeds -100.
Enter a negative value for SL_kin.

Download this EA.
iBearsBull_20211026.mq5
iBearsBull_20211026.ex5

Back test

USDJPY
Time value = H1
Input value = initial value
Period = last year

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