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Published by:: Vladimir Karputov
Views:: 3035
Rating:: (15)
Published:: 2018.08.23 11:23

Arttrader_v1_5.mq5 (43.32 KB) view

Download as ZIP, How to download code from MetaEditor

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The author of the idea: Scriptor.

mq5 code author - barabashkakvn.

The EA uses the iMA indicator (Moving Average, MA) and analyzes the last six bars.

Inputs

How many lots to deal with (may be less than one)
The period for the averager
Check for too-big candlesticks (avoid them)
Check for pairs of big candlesticks
A smart stop-loss
The trade's stop loss in case of program error
The trade's take profit
The minimum EMA slope to enter a trade
The maximum EMA slope to enter a trade
Wait this long to determine candlestick lows/highs (BEGIN)
Wait this long to determine candlestick lows/highs (END)
An allowance between the close and low/high price (BEGIN)
An allowance between the close and low/high price (END)
If the previous volume is not above this, exit the trade
A strange but functional imaginary spread adjustment
magic number

Test for EURUSD H1:

Arttrader_v1_5

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21387

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Arttrader_v1_5 - expert for MetaTrader 5