Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2015.10.13 10:16
Exp_i-AMMA

Exp_i-AMMA - expert for MetaTrader 5

| English 日本語 Русский 中文 Español Deutsch Português

Views:
1006
Rating:
votes: 12
\MQL5\Include\\MQL5\Indicators\
i-amma.mq5 (4.73 KB)view
\MQL5\Experts\
exp_i-amma.mq5 (6.16 KB)view

Description:

The Exp_i-AMMA Expert Advisor is based on the reversal of the i-AMMA moving average direction. The signal is formed when a bar is closing if there is change in the indicator direction.

This Expert Advisor requires the compiled indicator file i-AMMA.ex5 in order to run. Place it in <terminal_data_folder>\MQL5\Indicators.

Note that the TradeAlgorithms.mqh library file allows using Expert Advisors with brokers who offer nonzero spread and the option of setting Stop Loss and Take Profit together with position opening. You can download more variants of the library at the following link: Trade Algorithms.

Default Expert Advisor's input parameters have been used during the tests shown below. Stop Loss and Take Profit have not been used during the tests.

Image:

Fig.1. Trade examples on the chart

Fig.1. Trade examples on the chart

Testing results for 2014 on GBPUSD H4:

Fig.2. Testing results chart

Fig.2. Testing results chart

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13798

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

Modify All TP SL Modify All TP SL

The script modifies all orders (market and pending) on the symbol with specified Take Profit and Stop Loss.

iFractals 4all TF iFractals 4all TF

Buy or sell just by looking at the "arrow" as a signal. Very easy and simple.