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Published by:: Vladimir Karputov
Views:: 2735
Rating:: (15)
Published:: 2018.10.25 16:00

\MQL5\Experts\

Ravi AO.mq5 (43.92 KB) view

\MQL5\Indicators\

RAVI.mq5 (8.83 KB) view

Download as ZIP, How to download code from MetaEditor

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The author of the idea: shevss

MQL5 code author: barabashkakvn

The EA uses iAO (Awesome Oscillator, AO) and RAVI (Range Action Verification Index) indicators. The robot works only when a new bar appears. It handles a single position, therefore it may work both with hedging and netting accounts.

Position open signals:

Buy: AO на баре #2 < 0.0 AND RAVI on bar #2 < 0.0 AND AO on bar #1 > 0.0 AND RAVI on bar #1 > 0.0
Sell: AO on bar #2 > 0.0 AND RAVI on bar #2 > 0.0 AND AO on bar #1 < 0.0 AND RAVI on bar #1 < 0.0

Positions are opened with the volume equal to Lots. To disable any of the parameters: stop loss (Stop Loss), take profit (Take Profit) or trailing (Trailing Stop), assign the value of "0.0" to the parameter.

The remaining parameters are RAVI ones.

EURUSD, M30:

Ravi AO

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21956

VR---BUCH

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Ravi AO - expert for MetaTrader 5