English. EA Swing or Pendulum.Automatic opening of 2 opposite pending orders, OCO orders.
Expert Advisor Swing or Pendulum – Automatic Opening of OCO Orders
Full guide: https://www.expforex.com/?p=90
🔹 Exp Swing MT4: https://www.mql5.com/en/market/produc...
🔹 Exp Swing MT5: https://www.mql5.com/en/market/produc...
Timestamps:
00:00 Overview
00:54 Auto-opening after installation (Instant opening AutoTrade)
01:21 Opening and maintenance after manual opening (ManualTrade)
02:28 Opening on High Low levels (High Low for the past bar TFTrade)
04:10 How to install EA Exp - Swing in MetaTrader
04:45 How to use EA Exp - Swing in MetaTrader
05:26 How to test EA Exp - Swing in Strategy Tester
The Pendulum or Swing Strategy Model
The well-known Pendulum or Swing strategy revolves around sequentially opening pending orders with an increased lot size. This model places two pending orders:
When one order is activated, the second order is re-pending until the basket of trades is closed by a take-profit.
An additional algorithm for partial closing positions (Exp TralPartionClose) is also integrated.
Key Features:
Auto-opening after installation (Instant opening AutoTrade)
Manual opening and maintenance (ManualTrade)
Opening on High Low levels for past bars (TFTrade)
This Expert Advisor offers three different modes for opening pending orders, giving traders flexibility in their trading strategies. It combines the simplicity of OCO orders (One Cancels the Other) with advanced position management techniques.
Hashtags:
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