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- Published by:
- Vladimir Karputov
- Views:
- 4504
- Rating:
- Published:
- 2018.12.28 13:12
- Updated:
- 2019.01.17 11:29
-
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Idea by: Rietsuiker
Code mq5 by: barabashkakvn
The EA trades on iMA (Moving Average, MA). It holds no more than one position in the market.
Opening rules (Revers signals == false):
- Open BUY: Price ASK > MA on bar #0 - MA delta
- Open SELL: Price BID < MA on bar #0 + MA delta
If Revers signals == true, then the open signals will be reversed.
Closing rules (Revers signals == false):
- Close BUY: Price ASK < MA on bar #0 - (MA delta * MA delta coefficient for close)
- Close SELL: Price BID > MA on bar #0 + (MA delta * MA delta coefficient for close)
If Revers signals == true, then the close signals will be reversed.
MA delta is the distance between the indicator and the price.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22653
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