Tech Gold MT5

Tech Gold MT5 is an expert advisor developed by the Forex Robot Easy Team. It is a professional tool designed to analyze the forex market and generate trading signals based on technical and computer analysis. This expert advisor aims to provide traders with profitable trading opportunities by adjusting stop-loss and take-profit levels according to market conditions.

Input Parameters

• StopLoss: This parameter defines the stop-loss level in pips. The default value is set to 100.0 pips.
• TakeProfit: This parameter defines the take-profit level in pips. The default value is set to 200.0 pips.

Expert Advisor Initialization

The OnInit() function is responsible for initializing necessary indicators and variables. It is executed once when the expert advisor is attached to the chart.

Expert Advisor Start Function

The OnTick() function is the main function of the expert advisor. It is executed on each tick of the forex market. Here is the step-by-step process of how this expert advisor works:

1. Perform cyclic pattern analysis of the forex market: This step involves analyzing the market patterns and trends to identify potential trading opportunities.

2. Generate trading signals: Based on the analysis, the expert advisor generates trading signals using technical and computer analysis techniques.

3. Adjust stop-loss and take-profit levels: The expert advisor dynamically adjusts the stop-loss and take-profit levels based on the current market conditions to maximize profitability and minimize risk.

4. Detect and analyze sniffing algorithms on the buyer side: This step involves detecting and analyzing any sniffing algorithms used by buyers to gain an advantage in the market.

5. Take advantage of opportunities to execute orders at a higher price: The expert advisor identifies opportunities to execute orders at a higher price to increase profitability.

6. Place orders based on generated trading signals: Once the trading signals are generated, the expert advisor places orders in the market according to the specified trading strategy.

7. Close orders when necessary conditions are met: The expert advisor monitors the market and closes orders when the necessary conditions for closing are met, such as reaching the take-profit or stop-loss levels.

8. Log trading activity and performance: The expert advisor keeps a log of all trading activity and performance for analysis and evaluation.

At the end of the trading process, the expert advisor prints a message indicating that the trading has been completed successfully.

Please note that ForexRobotEasy is not the official developer of this product. We only provide a sample code that can work as described in this product. To find the official developer of this product, please search for it on the MQL5 marketplace.

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