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Published by:: Vladimir Karputov
Views:: 5680
Rating:: (21)
Published:: 2019.01.02 14:39

Puria method.mq5 (83.85 KB) view

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Idea by Sergey Deev

mq5 code author - barabashkakvn

A trading system based on the Puria method. It uses the fast iMA indicator (Moving Average, MA), two slow iMA indicators (Moving Average, MA) and one iMACD indicator (Moving Average Convergence/Divergence, MACD).

If Use all ticks is set to "true", the EA will operate at every tick; if set to "false", the EA will operate only when a new bar appears. The EA opens only one position at a time, therefore it is able to work both on hedging and netting accounts.

The main idea of the method is to open a sell position once the fast MA moves above two slow MAs and a confirmation from MACD is received. In this implementation, the minimum allowable value, by which the fast MA should be greater than slow ones, is used:

   if(((MA1#1 - MA0#1)/m_symbol.Point()>0.5) && ((MA2#1 - MA0#1)/m_symbol.Point()>0.5))
***
   if(((MA0#1 - MA1#1)/m_symbol.Point()>0.5) && ((MA0#1 - MA2#1)/m_symbol.Point()>0.5))
***

Added partial closure, moving to breakeven upon reaching the minimum profit and calculation of initial lot size for a given risk.

When the minimum profit specified in Minimum profit step is reached, part of the position is closed - the position volume (shown as N in the figure) is multiplied by Coefficient lot taking:

Puria method Partially closes