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Abiroid EMA Bounce Arrow

5

This strategy is best used for Scalping and Binary Options.

Strategy:

There are 3 EMAs: Faster, Medium and Slower. When Price is Trending, wait for Price to bounce an EMA and scalp at each bounce.

Features:

- Check if 3 MAs are Stacked

- Check Price Bounce Off MAs (Faster, Medium, Slower)

- Min Distance Between Faster and Medium MA Filter

- Max Distance Between Entry Price and Faster MA Filter

- High Volume Check

- Heiken Trend Check

- Volatility Check

- Higher/Lower Timeframes MA Stacked check

- Higher/Lower Timeframes MA Slope check

- Max Spread Check

- Fixed Stop Loss and Take Profit Option

- Variable Stop Loss at any selected MA Option

- Calculation of Profit Loss Points and Win/Loss Count and Profit Percentage

- Debug Texts on bars to show why signal skipped


Read detailed description in this blog post:

https://www.mql5.com/en/blogs/post/747503


How To Trade:

Trade only trending market. When a good trend has started. And you see the 3 MAs separate.

Default settings are best for M5 timeframe scalping.

 

Be Careful:

Don't trade during ranging markets. As price bouncing off EMAs only works during good trends.

And make sure volatility is good.

Don't trade when market is whipsawing and making sudden ups and downs.


Bewertungen 1
Ian Straw
757
Ian Straw 2024.04.14 20:58 
 

Great product, Abir is an absolute gem. The most helpful author I have encountered on MQL5.

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Indikatoren
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Indikatoren
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Indikatoren
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Indikatoren
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Indikatoren
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Abir Pathak
Indikatoren
Bollinger Bands Breakout Strategy has an Arrows and Scanner Dashboard indicator set. It is for MT4 (Metatrader 4) platform. When price breaks out of a Bollinger Outer Band in a powerful way, it becomes a great position for scalping. Because the next few bars will most likely keep going in the same direction. Especially if Middle band is also sloping towards that breakout. It's also great for Binary options when using 2-3 next few bars. Strategy: BUY  Bollinger Bands: - Price breaks out of
Auswahl:
Ian Straw
757
Ian Straw 2024.04.14 20:58 
 

Great product, Abir is an absolute gem. The most helpful author I have encountered on MQL5.

Abir Pathak
45075
Antwort vom Entwickler Abir Pathak 2024.04.14 22:48
Thank you :)
You are awesome!
Antwort auf eine Rezension
Version 1.4 2022.11.06
v1.4 Fixed bug: Alerts not generated for Main buy/sell
Version 1.3 2022.02.17
v1.3 Added TP_Ratio, StopLoss Extra and StopLoss Max options
And removed some extra headings to make space for these options.
Version 1.2 2022.02.03
v1.2 Added StopLoss and TakeProfit Boxes Option
Version 1.1 2022.01.31
v1.1
Fixed Scanner spacing
Added StopLoss/TakeProfit Values
Fixed bug no refresh when Total 0
Added winrate% to alerts