Name: MAMy Expert
Rating: 3.8333333333333335 (16 reviews)
Author: Vladimir Karputov

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Published by:

Vladimir Karputov

Views:

3539

Rating:

(16)

Published:

2018.12.18 19:12

MAMy Expert.mq5 (30 KB) view

\MQL5\Indicators\

MAMy v3.mq5 (18.48 KB) view

Download as ZIP, How to download code from MetaEditor

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The author of the idea: Victor Chebotariov

MQL5 code author: barabashkakvn

The EA is based on MAMy v3 indicator and implements the following conditions:

If MA Close exceeds MA (H+L+O+C)/4, while MA (H+L+O+C)/4 exceeds MA Open - BUY.
If MA Close is less than MA (H+L+O+C)/4, while MA (H+L+O+C)/4 is less than MA Open - SELL.
If MA Close exceeds MA (H+L+O+C)/4 - CLOSE SHORT POSITION.
If MA Close is less than MA (H+L+O+C)/4 - CLOSE LONG POSITION.

Example for EURUSD H1:

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22578

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MAMy Expert - expert for MetaTrader 5