Empire MT4 Expert Advisor is a forex robot developed by the Forex Robot Easy Team. This Expert Advisor is designed to identify recurring patterns in the market and execute trades based on those patterns. It aims to provide professional traders with a reliable trading tool to maximize profits.
- TakeProfit: The take profit level in pips. Default value: 100.
- StopLoss: The stop loss level in pips. Default value: 50.
- LotSize: The lot size for each trade. Default value: 0.01.
- MaxSpread: The maximum allowed spread. Default value: 2.
- ticket: Trade ticket number.
The OnInit() function is called during the Expert Advisor initialization process. It initializes necessary variables and settings. Upon successful initialization, the function prints a message to confirm the initialization.
The OnDeinit() function is called upon deinitialization of the Expert Advisor. It performs necessary actions before terminating the Expert Advisor. Upon successful deinitialization, the function prints a message.
The OnTick() function is called on each tick of the market. It checks if there is an open position. If there is no open position, it checks if the spread is within the acceptable range. If the spread is acceptable, it calls the IdentifyPattern() function to check if a recurring pattern is identified. If a pattern is identified, it opens a new position using the OrderSend() function.
The IdentifyPattern() function is responsible for analyzing historical data to identify recurring patterns in the market. The logic for pattern identification should be implemented in this function. If a pattern is identified, the function should return true; otherwise, it should return false.
Please note that ForexRobotEasy is not the official developer of this product. This code is provided as a sample that can work as described in the product. For detailed reviews and trading results of this product, please visit this link. To find the official developer of this product, please use MQL5.