You can view the original description of the strategy here.
A detailed article devoted top the system testing and a link to reports are available in our magazine's issue of 12.05.2008.
You can discuss it and make your suggestions on our forum.
Trading Strategy Algorithm:
1. Open one-hour chart of EURUSD, lots 0.1.
2. Draw Moving Average with the period of 200.
Buying alert (open two orders): The price is above MA and intersects the level 15 points below the "round" price.
Selling alert (open two orders): The price is below MA and intersects the level 15 points above the "round" price.
Closing Trades:We will close our trades by StopLoss.
Having tested the above rules within the period from 2007.01.11 to 2008.01.11, we obtained the following results (Open price only):
Having optimized the inputs on the same period of time, we obtained the following result of EA operations:
A forward test outside the optimization area, the article devoted to the system testing, and a link to reports are available in our magazine's issue of 12.05.2008.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/8134
One more interpretation of the well-known ZigZag. The indicator is written to work according the trading system described here: http://forum.fibo-forex.ru/viewtopic.php?t=1368 The indicator works with ZigZag by Rosh (Zigzag2_R_).Short-Term Trends
A trading strategy that works with short-term trends.