Fractals at Close Prices EA with Trading Hours and Trailing Stops

Summary

This document describes a MetaTrader expert advisor that trades from signals produced by a separate Fractals at Close prices indicator. The indicator must be installed in the platform’s indicators folder before the advisor can use it. The source does not explain how fractal signals are calculated or what conditions trigger an entry, so the strategy itself cannot be assessed from this description.

Trading hours can be set for a session within one day, a session that crosses midnight, or continuous trading. Each opened position receives preset stop-loss and take-profit levels, and a trailing stop can adjust protection as the trade moves. Inputs include trading hours, lot size, stop distance, target distance, trailing parameters, and an identifier for the advisor. No performance results, market-specific settings, or risk analysis are provided; the document is an overview of configurable mechanics rather than evidence of profitability.

Key ideas

• The advisor bases trades on a separately installed Fractals at Close prices indicator.
• Trading hours can cover a same-day interval, cross midnight, or run continuously.
• Positions receive configured stop-loss and take-profit levels when opened.
• A trailing stop and trailing step are available as position-management controls.
• The document provides no entry-rule details or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.