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Executor AO - expert for MetaTrader 5

Executer1 | English Русский 中文 Español Deutsch 日本語 Português
Published by:
Vladimir Karputov
Views:
4182
Rating:
(19)
Published:
2018.12.18 19:09
Executor AO.mq5 (46.91 KB) view
Download as ZIP, How to download code from MetaEditor
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Author of the idea: Alex

MQL5 code author: barabashkakvn

Expert Advisor based on iAO (Awesome Oscillator, AO). The EA works on netting and hedging accounts. The market entry/exit conditions are checked only when a new bar appears. 

Market entry conditions

There should be no open positions, bar #0 indent from zero should be at the Minimum indent AO from "0.0" distance. In addition, the indicator should have a bend:

  • BUY signal: AO #0 > AO #1 && AO #1 < AO #2
  • SELL signal: AO #0 < AO #1 && AO #1 > AO #2

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22613

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