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True Scalper Profit Lock - expert for MetaTrader 5
- Published by:
- Vladimir Karputov
- Views:
- 6404
- Rating:
- Published:
- 2017.03.02 11:01
- Updated:
- 2018.06.26 12:05
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Author of the idea — John Smith, author of the MQL5 code — barabashkakvn.
Two iMA indicators (MA, Moving Average) — with hard coded periods of 3 and 7, and on iRSI indicator (RSI, Relative Strength Index) with the period of 2.
Testing results on EURUSD, H1 from 2016.01.10 to 2017.01.11, initial deposit 10000 — could not find a working variant. The EA had total losses with any parameters.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/17351
The Expert Advisor makes trading decisions based on simple candlestick combinations. It is designed for use on the H4 period.
up3x1_premium_v2MTwo iMAs on the current period and one on PERIOD_D1.
The iMAs on the current period.
MQL5 Wizard MACD Parabolic SARThe Expert Advisor has been created using the MQL5 Wizard, on the basis of MACD (Moving Average Convergence/Divergence) signals and the Parabolic SAR trend indicator.