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Experts

Multi Time Frame Trader - expert for MetaTrader 5

Published by:
Vladimir Karputov
Views:
7212
Rating:
(21)
Published:
2017.11.03 12:33
Updated:
2018.02.28 10:34
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The author of the idea: c0d3, the mq5 code author: barabashkakvn.

The Expert Advisor tracks the signals of the i-Regr indicator on three timeframes M1, M5, H1.

ATTENTION: by default it is assumed that the compiled indicator is available in [data folder]MQL5\Indicators\

The values of the indicator from the H1 timeframe determine the type of position (BUY or SELL) to be opened. In addition, two lower timeframes, M1 and M5, are analyzed:

  • To open a BUY position, the price must break the lower indicator line on M1 and M5.
  • To open a SELL position, the price must break the upper indicator line on M1 and M5.

Multi Time Frame Trader

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19110

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