What does this EA do? Can you read code?

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Hi,

I was wondering if someone could 'read' this EA and tell me how it works?

I am trying to learn how to read code so that I can also learn to write code. This one I find interesting when I back test but I can't figure out what entry signals it uses.

Thanks

Files:
100lpipsyv3t1u.1.mq4  5 kb
 
KevinHorizon wrote >>

Hi,

I was wondering if someone could 'read' this EA and tell me how it works?

I am trying to learn how to read code so that I can also learn to write code. This one I find interesting when I back test but I can't figure out what entry signals it uses.

Thanks

double diClose0=iClose(Symbol(),timeframe,0);
double diMA1=iMA(Symbol(),timeframe,7,0,MODE_SMA,PRICE_OPEN,0);
double diClose2=iClose(Symbol(),timeframe,0);
double diMA3=iMA(Symbol(),timeframe,6,0,MODE_SMA,PRICE_OPEN,0);


if(!ExistPositions()) {
if((diClose0<diMA1)) {
OpenBuy();
return(0); }
if ((diClose2>diMA3)) {
OpenSell();
return(0); } }

If you are trying to learn how to read code..it doesn't get much simpler than this ^

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