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- Published by:
- Vladimir Karputov
- Views:
- 5753
- Rating:
- Published:
- 2019.01.02 14:39
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Author of the idea - Vladimir Khlystov
mq5 code author - barabashkakvn
The Expert Advisor uses two iMA (Moving Average, MA) indicators and one iRSI (Relative Strength Index, RSI). One of the iMAs uses the MODE_EMA averaging method, the second one uses MODE_LWMA (the averaging method cannot be changed, because the idea of the trading system is exactly in using such methods).
The EA operates at a new bar opening and opens only one position at a time, therefore it is able to work both on hedging and netting accounts.
BUY open signal serves as a SELL close signal and vice versa: Sell open signal serves as a BUY close one.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23239
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