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Get trend - expert for MetaTrader 5 | English Русский 中文 Español Deutsch 日本語 Português

Published by:
Vladimir Karputov
votes: 17
2017.03.22 15:54
2018.02.27 12:38
Get trend.mq5 (30.15 KB)view

Author of the idea — Yuriauthor of the MQL5 code — barabashkakvn

Attention! The Expert Advisor will only work on the M15 timeframe!

Short-term trends. The Expert Advisor uses two iMA indicators and one iStochastic.

System rules:

  1. Compare the moving averages on the 15-minute and 1-hour chart. Trend exists if price on both charts is above or below the moving average.
  2. Once you have identified the trend, analyze the 15-minute chart for compliance with its two conditions (both of them must be met at the same time):
    1. the price should be no more than 20 points above (to buy) or no more than 20 pips below (to sell) the moving average;
    2. the stochastic line should cross the stochastic line below the stochastic level 20 (to buy) or cross the stochastic line down above the level of 80 (to sell).
Calculating parameters:

//--- Calculating initial parameters of indicators to search for entry conditions
   double MA_M15   = iMAGet(handle_iMA_M15,1);
   double MA_H1    = iMAGet(handle_iMA_H1,1);

   double Stoh_slow = iStochasticGet(SIGNAL_LINE,1);
   double Stoh_fast = iStochasticGet(MAIN_LINE,1);
   double Stoh_fast_prew=iStochasticGet(MAIN_LINE,2);

   double price_M15=iClose(1,NULL,PERIOD_M15);
   double price_H1=iClose(1,NULL,PERIOD_H1);

Buy condition:

//--- Checking conditions to perform a deal
   if(price_M15<MA_M15 && price_H1<MA_H1 && (MA_M15-price_M15)<=porog*m_adjusted_point)
      if(Stoh_slow<20 && Stoh_fast<20 && Stoh_fast_prew<Stoh_slow && Stoh_fast>Stoh_slow)

Sell condition:

   if(price_M15>MA_M15 && price_H1>MA_H1 && (price_M15-MA_M15)<=porog*m_adjusted_point)
      if(Stoh_slow>80 && Stoh_fast>80 && Stoh_fast_prew>Stoh_slow && Stoh_fast<Stoh_slow)

EURUSD,M15, c 2016.01.01 по 2017.02.06:

Get trend tester

Translated from Russian by MetaQuotes Software Corp.
Original code:

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