Swingy MT5 Expert Advisor

This is a sample code for the Swingy MT5 Expert Advisor, developed by Forex Robot Easy Team. Please note that ForexRobotEasy is not the official developer of this product. We are only providing a sample code that can work as described in this product. To find the official developer of this product, please use MQL5.

Product Description

Swingy MT5 is an Expert Advisor designed to optimize forex trading using a breakout strategy. It aims to identify currency pairs that are experiencing a breakout above a resistance level or below a support level. When a breakout occurs, the Expert Advisor executes the necessary actions to open a trade.

For detailed reviews and trading results of this product, please visit this link.

Features

• Supports multiple currency pairs: EURUSD, GBPUSD, USDJPY, AUDJPY, AUDUSD, EURAUD, EURCAD, EURGBP, EURJPY, GBPJPY, USDCAD, USDCHF.
• Defines support and resistance levels for each currency pair.
• Sets a minimum required profit per trade in pips.
• Executes the breakout strategy when a currency pair breaks above the resistance level or below the support level.
• Calculates the profit in pips and checks if it meets the minimum requirement before opening a trade.
• Logs the trade information, including the currency pair, price, and profit in pips.

Usage

1. Install the Swingy MT5 Expert Advisor on your MetaTrader 5 platform.
2. Set the list of currency pairs to trade by modifying the currencyPairs array.
3. Define the support and resistance levels by updating the supportLevel and resistanceLevel variables.
4. Specify the minimum profit required per trade in pips using the minProfitPips variable.
5. Customize the breakout strategy code inside the OnTick() function.
6. Run the Expert Advisor and monitor the trade information in the log.

For detailed instructions and optimization tips, please refer to the official documentation provided by the developer.

Disclaimer

Please note that ForexRobotEasy is not the official developer of the Swingy MT5 Expert Advisor. We have provided this code as a sample that can work similarly to the product described. For official support, updates, and trading results, please contact the official developer through MQL5.

For detailed reviews and trading results of this product, please visit this link.