CloseAgent - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources
This is a free example of an automated tool designed to close positions at the optimal moment, combining two of the most effective technical analysis indicators: Bollinger Bands and RSI. It is particularly useful for closing remaining trades at the end of the day or trading session, identifying overbought and oversold levels to find optimal exit points, especially in low-volatility conditions. It is also useful during periods of uncertainty leading to high-impact news.
Update: Added CloseAll function for all positions with specified profit.
Attachment download
📎 closeagent.mq5 (4.97 KB)
Source: MQL5 #53889
CloseAgent - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
CloseAgent - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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