Name: VR---BUCH
Rating: 3.9166666666666665 (12 reviews)
Author: Vladimir Karputov

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Published by:

Vladimir Karputov

Views:

2378

Rating:

(12)

Published:

2018.10.25 16:00

VR---BUCH.mq5 (32.22 KB) view

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Author of the idea: Vladimir Pastushak

MQL5 code author: barabashkakvn

The EA uses an uncommon filter of two iMAs (Moving Average, MA) intersection. The price of bar #0 from the ENUM_APPLIED_PRICE enumeration can be set as a filter.

When using the signal filter ("Fast" - fast MA, "Slow" - slow MA, "Price" - price calculated for bar #0 from the ENUM_APPLIED_PRICE enumeration)

Buy: Fast > Slow AND Price > Fast
Sell: Fast < Slow AND Price < Fast

Presence of a position on the market is considered:

if there is no position

in case of a Buy signal, open a BUY position
in case of a Sell signal, open a SELL position

if a position is present

in case of a Buy signal, close a SELL position
in case of a Sell signal, close a BUY position

EURUSD, M5:

VR---BUCH

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21962

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VR---BUCH - expert for MetaTrader 5