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JK Synchro: Candle-Range Signals with Time and Position Limits

Article MQL5 code base

Summary

JK Synchro is an expert advisor that compares opening and closing prices across a configurable range of candles to decide when to open positions. The entry process is gated by three controls: the existing position count must remain below a candle-analysis limit, server time must fall within configured start and end hours, and a minimum pause must have elapsed since the previous position was opened.

The document describes configurable stop loss, take profit, trailing stop, lot size, risk, position cap, analysis length, trade pause, and trading hours. It gives no performance evidence or precise rule for how the open-close comparison becomes a directional signal, so the strategy cannot be fully reproduced from the description alone. It also recommends optimizing inputs separately for each symbol and timeframe, which raises the risk of overfitting and limits generalization. The author provides no testing results or risk metrics.

Key ideas

  • The EA evaluates open and close prices over a configurable candle range.
  • New entries require available position capacity, an allowed server-time window, and an elapsed trade pause.
  • Stop loss, take profit, trailing controls, sizing, and entry limits are configurable.
  • Parameters are intended to be optimized separately for each symbol and timeframe.
  • The description does not specify the exact signal rule or provide performance evidence.

Tags

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