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Experts

MACDSimpleReshetov - expert for MetaTrader 5

Published by:
Vladimir Karputov
Views:
3059
Rating:
(14)
Published:
2018.04.18 16:15
Updated:
2018.06.27 13:31
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The author of the idea: Yury Reshetov, the MQ5 code author: barabashkakvn.

The main principle of the EA operation is as follows: a market entry signal emerges when both indicator lines have the same sign, and an exit signal emerges when the lines become different in sign. If both lines have a positive sign, a buy trade is opened. If the lines are negative, a sell trade is opened. Once the signs of the lines become different, the position is closed.

A note from the author:

The EA made a slightly less than 50% real profit on CFD #GM (General Motors stocks) in six months. No money management and risk management techniques were applied (the EA traded fixed position size).


Input Parameters

  • The volume of positions to open
  • Increment of the fast MA period to the period of the signal line
  • Increment of the slow MA period to the fast MA period
  • Period of the signal line
  • Magic number

MACDSimpleReshetov

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19977

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