The MQL Random EA places a single market order at a time in a random direction (buy or sell) and uses a simple TP & SL for closing. A lot multiplier is also optional. Once a trade hits either the TP or SL, it will place another trade in a random direction. And so on. Since it only ever has 1 trade open at a time, it can be used with any broker, even with US brokers using the FIFO rule. Inputs are simple, few, and everything is based in Points too which makes it easier to understand and consistent. You will be amazed how well a simple EA based on randomness will perform. Download and test it.
This EA will work on any MT4 platform without any restrictions. DLL imports must be enabled for this EA to work.
Note: Since the order direction is random, back tests will always be different. This is not a problem, but it is how it is supposed to be.
Here is complete information about the
MQL Random EA.
Source Code Available: If you would like the source code of this to make your own modifications or for other reasons, please email
support@mql-programming.com for the fee.
Feel free to post your comments, questions, concerns, and bug reports in this forum section.
Linkback: https://www.forex.zone/mt4-mt5-eas/7/mql-random-ea/12/