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Starter - expert for MetaTrader 5

Published by:
Vladimir Karputov
Views:
3720
Rating:
(16)
Published:
2018.12.18 19:07
Starter.mq5 (41.25 KB) view
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The author of the idea - Collector

mq5 code author - barabashkakvn

The EA applies position volume calculation based on trading history:

  • Maximum Risk in percentage
  • Decrease factor (activated if loss-making trades are detected)
  • History days - number of analyzed days in history from the current date

The EA applies iCCI (Commodity Channel Index) and iMA (Moving Average) indicators, as well as trailing.

For iCCI (Commodity Channel Index), CCI level is set as an integer, since this allows rounding the indicator values. Also, CCI current bar and CCI previous bar are set. These are the bars CCI values are taken from.

For iMA (Moving Average), only MA bar current is set. The previous bar for MA is MA bar current+1. Also, the MA delta parameter is set for MA - difference between the current and the previous bars.


Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22647

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