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True Scalper Profit Lock - expert for MetaTrader 5

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Published by:
Vladimir Karputov
votes: 15
2017.03.02 11:01
2018.06.26 12:05

Author of the idea — John Smithauthor 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 Software Corp.
Original code:

Bull vs Medved Bull vs Medved

The Expert Advisor makes trading decisions based on simple candlestick combinations. It is designed for use on the H4 period.

up3x1_premium_v2M up3x1_premium_v2M

Two iMAs on the current period and one on PERIOD_D1.

up3x1 up3x1

The iMAs on the current period.

MQL5 Wizard MACD Parabolic SAR MQL5 Wizard MACD Parabolic SAR

The 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.