2 Otkat Sys v1.1 EA
Intraday range pull-back EA v1.1 · Day-session entries · Time + SL/TP exit · MT4
About 2 Otkat Sys v1.1 EA
The Otkat Expert Advisor family, documented at earnforex.com, is a MetaTrader 4 system based on range pull-backs (retracements) within intraday trends — "otkat" is Russian for "pullback/rollback." The 2_Otkat_Sys_v1.1 variant trades Thursday-to-Friday around 0 (MT) hours, entering only on reversals.
Entry conditions are based on the day's range low/high points: buy signals form near the lowest portion of the range, sell signals near the highest portion. The EA enters positions only at the start of the trading day and closes them by day's end (it does not trade Mondays/Sundays or Fridays/Saturdays in most variants), using both take-profit/stop-loss levels and a time-based exit. A Server_GMT_Difference input must be set to match your broker's server timezone for correct operation.
- Platform: MetaTrader 4
- Strategy: Intraday range pull-back (retracement) trading
- Session: Enters at day start, exits by day end (time-based exit + SL/TP)
- Config required: Server_GMT_Difference must match your broker's server timezone
- Version: 1.1
- Source: earnforex.com · Otkat MetaTrader Expert Advisor