This TS is based on the classical trend-following system of opening the positions at the intersection of two MAs, short and long. However, in this case, the signals are strengthened (filtered) by an additional signal from the CCI indicator and, at the same time, the signal is traced by the intersection of the zero line with the indicator: bottom-up - a long position, top-down - a short position. The main parameters of the EA are: the periods of moving averages, the period of CCI, the period of ATR for placing a stop loss, and some other secondary parameters.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7746
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.
Automatically draws Fibonacci retracements on chart.Example of A Simple Breakout Trading Robot
Example of a simple breakout trading robot. There are a lot of breakout methods, but this is the simplest one as I think. Please see the attached images to visualize what is the breakout trading...