CryptoTrend 1.00 is an automated Expert Advisor specifically designed for Bitcoin trading and optimized for the 2024 market landscape. This system leverages several key components for effective market analysis and decision-making.
The Bollinger Indicator is employed to identify market extremes. When the price crosses beyond specified Bollinger lines, this generates an entry signal. A Filter by Order Block refines entry signals by using historical data to define support and resistance zones, reducing false entries.
A self-learning mechanism is incorporated to dynamically adjust the TrendThreshold entry levels based on ongoing trade performance. This allows for adaptation to shifting market conditions. For risk management, Stop Loss and Take Profit levels are set according to the difference between entry prices and support/resistance zones, with an aggressive risk...
👉 Read | Quotes | @mql5dev
#MQL5 #MT5 #BTC
The Bollinger Indicator is employed to identify market extremes. When the price crosses beyond specified Bollinger lines, this generates an entry signal. A Filter by Order Block refines entry signals by using historical data to define support and resistance zones, reducing false entries.
A self-learning mechanism is incorporated to dynamically adjust the TrendThreshold entry levels based on ongoing trade performance. This allows for adaptation to shifting market conditions. For risk management, Stop Loss and Take Profit levels are set according to the difference between entry prices and support/resistance zones, with an aggressive risk...
👉 Read | Quotes | @mql5dev
#MQL5 #MT5 #BTC
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