Hey fellow traders! Today, let’s dive into a game-changer for your trading strategies – the Bias EA expert advisor, designed for MetaTrader 5. This nifty tool takes risk management to the next level by allowing you to set daily, weekly, and monthly profit and loss limits. And the best part? These limits can be adjusted dynamically based on your account balance, making it a breeze to stay on top of your performance.
One of the standout features of this EA is the COcoOrder class, which simplifies the handling of OCO (One-Cancels-Other) orders. Plus, it comes with a robust library called Array Functions, packed with over 50 functions for manipulating arrays, dates, and performing basic mathematical operations.
But that’s not all – the EA also includes three additional classes that assist with equipment suspension, converting pixels to price points, and accurately calculating the ATR (Average True Range). This means you’ll have everything you need at your fingertips!
At the heart of this advisor is the ICT Daily Bias method, which helps you determine the right direction for your trades. It also features the "Base Strategies" file, a foundational class for crafting new trading strategies, along with the Bias file for calculating the current market bias (bullish, bearish, or revising) across different timeframes.
In short, this code offers a modular structure that seamlessly integrates risk management, order handling, and technical analysis, empowering you to develop and execute automated trading strategies with confidence.
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