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Lego EA - expert for MetaTrader 5

Published by:
Vladimir Karputov
Views:
6249
Rating:
(29)
Published:
2018.11.20 12:55
Lego EA.mq5 (68.28 KB) view
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The author of the idea - Roman

mq5 code author - barabashkakvn

The Expert Advisor combines signals from several indicators:

  • iCCI (Commodity Channel Index, CCI)
  • iMA (Moving Average, MA)
  • iStochastic (Stochastic Oscillator)
  • iAC (Acceleration/Deceleration, Accelerator/Decelerator Oscillator, AC)
  • iDeMarker (DeMarker, DeM)
  • iAO (Awesome Oscillator, AO)

or uses only one of the indicators.

You can combine conditions: use entry signals from one indicator, while using exit signals from another. For example, CCI: use CCI to open is responsible for using CCI entry signals, while CCI: use CCI to close applies CCI indicator for closing. The principle is the same for other indicators.

Lot size management

If the Multiply a lot if the last deal was unprofitable ratio parameter is not equal to "1.0", while the previous position was closed with a loss, the lot of the loss-making position is increased by this ratio.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22900

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