EA is based on indicator CCIT3_Simple_v_2-01 and CCIT3_noReCalc_v_3-01. Buy position is opened when the zero line is crossed upwards, while sell position is opened when the zero line is crossed downwards. Indicator values for determining the signal are taken from the previous bar.
no_increaselot_gbpusd_2004 - result since 2004 GBPUSD without increasing lots, the initial lot 1.0.Testing was done at the DC Alpari-Demo, by all ticks .
increaselot_gbpusd_2004 - used increase of lots. The limit for the maximum lot = 50.0. Testing was done at the DC Alpari-Demo, by all ticks.
The same increase of lots. The limit to the maximum lot = 500.0. Testing was done at the DC MetaQuotes-Demo, by all ticks.
All parameters of the Expert Advisor (except indicator settings) are not used in case of 0. The function for setting the maximum allowable volume lot has been implemented into the Expert Advisor in case the limit (by the lot volume) of your dealing center has been exceeded. Basic parameters of the settings:
The Expert Advisor can work with one of the selected indicators, which shows
good trading results, they can also be used as a filter or a
This Expert Advisor can be a good starting point for creation of a complex trading robot.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/992
Moving Average: 3-Pole Butterworth Filter. The indicator is based on the code of Witold Wozniak.ClosePosition
The script is designed for closing open positions.