Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Experts

Exp_FineTuningMACandle_Duplex - expert for MetaTrader 5

Nikolay Kositsin | English Русский 中文 Español Deutsch 日本語

Views:
1332
Rating:
votes: 9
Published:
2018.11.20 12:55
\MQL5\Include\\MQL5\Indicators\

Two identical trading systems (for long and short positions) based on the signals of the FineTuningMACandle indicator, which can be configured in different ways within one Expert Advisor. For this purpose, all input parameters can be divided into two large groups:

  1. Those having names starting with L are input parameters to manage long positions
  2. Those starting with S are input parameters to manage short positions.
//+----------------------------------------------+
//| Input parameters of the EA for long trades   |
//+----------------------------------------------+
magic numberinput uint    L_Magic=777;          //L magic number
input double  L_MM=0.1;             //L share of a deposit per trade
input MarginMode L_MMMode=LOT;      //L lot setting mode
//+----------------------------------------------+
//| Input parameters of the EA for short trades  |
//+----------------------------------------------+
input uint    S_Magic=555;          //S magic number
input double  S_MM=0.1;             //S share of a deposit per trade
input MarginMode S_MMMode=LOT;      //S lot setting mode

Different magic numbers are used for these two trading systems, so they are two independent systems. Real financial markets are rarely symmetric. Absolutely different parameters of the same trading system are often needed for trading in the rising and falling market. To properly configure the EA, you should first test only one trading system, having disabled the second one using relevant switches.

input bool    L_PosOpen=true;       //L permission to enter long positions
input bool    L_PosClose=true;      //L permission to exit long positions

Upon that, perform the same for the second system.

For the EA to operate, the compiled FineTuningMACandle.ex5 indicator file should be in the <terminal_data_directory>\MQL5\Indicators.

Default Expert Advisor's input parameters have been used during tests shown below. Stop Loss and Take Profit have not been used during the tests.

Fig. 1. Examples of deals on the chart with symmetrical settings

Fig. 1. Examples of deals on the chart with symmetrical settings

Testing results for 2017 on EURJPY H4:

Fig. 2. Testing results chart

Fig. 2. Testing results chart


Fig. 3. Examples of deals on the chart with non-symmetrical settings

Fig. 3. Examples of deals on the chart with non-symmetrical settings

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/22898

Lego EA Lego EA

The Expert Advisor combines signals from several indicators. It can also follow a certain indicator.

Gaps OHLC Gaps OHLC

The indicator shows the gap size on the histogram.

Rsi slope divergence Rsi slope divergence

Rsi slope divergence

MACD slope divergence MACD slope divergence

MACD slope divergence