Le Chatelier MT4 is an expert advisor (EA) designed for MetaTrader 4 platform. It is developed by Forex Robot Easy Team. Please note that ForexRobotEasy is not the official developer of this product. This code is only a sample that can work as described in the product. To find the official developer of this product, please refer to MQL5.
Le Chatelier MT4 is a night scalping EA that aims to identify profitable trading opportunities in the forex market. It utilizes a combination of market condition monitoring, opportunity identification, and trade execution to generate potential profits.
The OnInit function is the expert initialization function. This function is called once when the EA is initialized. Any necessary initialization code should be added here.
The OnDeinit function is the expert deinitialization function. This function is called once when the EA is removed from the chart or when the terminal is shut down. Any necessary deinitialization code should be added here.
The OnTick function is the expert tick function. This function is called on every tick of the price. In this function, the EA monitors market conditions, identifies profitable trading opportunities, and executes trades if the conditions are met.
The MonitorMarketConditions function is responsible for monitoring market conditions. This function should contain the code to analyze the current market conditions and determine if they meet the specified criteria. It returns true if the conditions are met, otherwise false.
The IdentifyProfitableOpportunity function is responsible for identifying profitable trading opportunities. This function should contain the code to analyze the market conditions and identify potential profitable trades. It returns true if an opportunity is identified, otherwise false.
The ExecuteTrade function is responsible for executing trades. This function should contain the code to execute the identified trades. It also displays a trade execution message using the Print function.
For detailed reviews and trading results of this product, please visit Forex Robot Easy.