This is the source code for the EA Bloom Expert Advisor, developed by Forex Robot Easy Team. Official reviews and trading results of this product can be found on the Forex Robot Easy website at EA Bloom Review.
EA Bloom is a virtual orders Expert Advisor that uses indicator signals to open and manage trades in the MetaTrader platform. It allows users to set parameters such as take profit, stop loss, trailing stop, and breakeven to customize their trading strategy.
The Expert Advisor works by interacting with an indicator to determine the entry point for trades. It opens virtual orders based on the calculated entry point and converts them to real orders when certain conditions are met. It also applies various trading functions such as take profit, stop loss, trailing stop, and breakeven to manage the open orders.
The code includes inputs for the user to customize the Expert Advisor's behavior, such as setting the take profit in pips, stop loss as a percentage of account balance, trailing stop in pips, and breakeven function parameters.
- TakeProfit: The desired take profit level in pips.
- StopLossPercentage: The stop loss level as a percentage of the account balance.
- TrailingStop: The trailing stop level in pips.
- BreakevenEnabled: Enable or disable the breakeven function.
- BreakevenPips: The number of pips to move the stop loss to breakeven.
The Expert Advisor uses a virtual orders structure to keep track of open orders that have not yet been converted to real orders. When a new entry point is determined by the indicator, a virtual order is opened. Once the conditions are met, the virtual order is converted to a real order in the MetaTrader platform.
The GetEntryPoint function is responsible for calculating the entry point based on the indicator's logic. Users can customize this function to implement their desired indicator strategy. The calculated entry point is then used to open virtual orders.
The OnTick function is the event handler that is called on each tick of the price feed. It checks for new entry points and opens virtual orders accordingly. It also checks existing virtual orders for the conditions to convert them to real orders. Additionally, it applies various trading functions such as take profit, stop loss, trailing stop, and breakeven to manage the open orders.
The OnInit function is the event handler that is called when the Expert Advisor is initialized. This is where necessary parameters and indicators can be set. Users can customize this function to set any additional parameters or indicators required for their trading strategy.
The OnDeinit function is the event handler that is called when the Expert Advisor is deinitialized. It clears the virtual orders array to reset the Expert Advisor's state.
EA Bloom is a powerful Expert Advisor developed by Forex Robot Easy Team. It utilizes virtual orders and indicator signals to open and manage trades in the MetaTrader platform. With customizable parameters such as take profit, stop loss, trailing stop, and breakeven, users can tailor the Expert Advisor to their specific trading strategy.
This Expert Advisor is designed to assist traders in automating their trading process, allowing them to focus on other aspects of their trading strategy. By utilizing virtual orders, EA Bloom can accurately track and manage trades, ensuring optimal risk management and profitability.
Please note that this code is an example and not an exact copy of the original product. It serves as a demonstration of the necessary parameters and functionality required for the operation of EA Bloom. For detailed reviews and trading results of the official product, please visit the Forex Robot Easy website at EA Bloom Review.