The Binario Expert Advisor is based on the exponential moving averages of the same period, but for different price types (High and Low). This EA does not use the signals to buy or sell, and simply opens long and short positions in turns and changes their settings according to the calculated moving averages. It uses stop loss and order monitoring in real-time to close positions. A position in the opposite direction is opened right after the previous one is closed.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13161
The Pinbar Detector indicator tries to identify the pin bars.Aroon Up and Down
The Aroon Up and Down indicator detects the local tops and bottoms on the chart.