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Published by:: Vladimir Karputov
Views:: 2935
Rating:: (17)
Published:: 2018.10.25 14:50

Tunnel Method.mq5 (42.18 KB) view

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The author of the idea - Scriptor

mq5 code author - barabashkakvn

Trading is based on three iMAs (Moving Average, MA). Two different indicators are compared for BUY and SELL. The necessary condition is a distance between indicators (Indentation between indicators) on a compared bar: the compared indicators should be separated from each other at the distance equal to Indentation between indicators/2.

You can work on any timeframe. OnTick sends signals for verification with the Pause interval.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22122

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Tunnel Method - expert for MetaTrader 5