The VBS (Very Blondie System) is a range bound trading system implemented as a client side Expert Advisor script.
The script determines the Highest High and Lowest Low over the recent PERIOD_X bars. If the difference between the Highest High and the current Bid price is greater than LIMIT points, then a BUY trade is opened at market.
Similarly, if the difference between the current Ask price and Lowest Low is greater than LIMIT points, then a SELL trade is opened at market.
If the AMOUNT value is greater than zero, and the cumulative profit of all open positions is greater than AMOUNT, then all open positions are closed.
If the LOCKDOWN value is greater than 0, and the trade is in profit of value greater than the LOCKDOWN value in points, the stop-loss is moved to break-even (entry price).
This Expert Advisor does not open trades if any trades or pending orders are already present.
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20-01-2016, 12:18 PM #1
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VERY BLONDIE SYSTEM – Vertex FX Indicator Expert Advisor
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