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Tunnel Method - expert for MetaTrader 5
- Published by:
- Vladimir Karputov
- Views:
- 3089
- Rating:
- Published:
- 2018.10.25 14:50
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The author of the idea - Scriptor
mq5 code author - barabashkakvn
Trading is based on three iMAs (Moving Average, MA). Two different indicators are compared for BUY and SELL. The necessary condition is a distance between indicators (Indentation between indicators) on a compared bar: the compared indicators should be separated from each other at the distance equal to Indentation between indicators/2.
You can work on any timeframe. OnTick sends signals for verification with the Pause interval.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22122
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