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Experts

2MA_4Level - expert for MetaTrader 5

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Published by:
Vladimir Karputov
Views:
1053
Rating:
votes: 18
Published:
2017.03.02 09:51
Updated:
2018.02.15 17:19
2MA_4Level.mq5 (25.5 KB)view

The Expert Advisor uses the values of two iMA (Moving Average, MA) indicators.

Author of idea — Iurii Tokmanauthor of the MQL5 code — barabashkakvn.  

Operation Principle

2 SMA — fast and slow. The averaging period of the fast SMA is always less than that of the slow one.

Also uses the following levels:

+ 250 points along Y

+ 500 points along Y

- 250 points along Y

- 500 points along Y

Results:

2MA_4Level tester 

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/17239

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