Discussing the article: "Cascade Order Trading Strategy Based on EMA Crossovers for MetaTrader 5"

 

Check out the new article: Cascade Order Trading Strategy Based on EMA Crossovers for MetaTrader 5.

The article guides in demonstrating an automated algorithm based on EMA Crossovers for MetaTrader 5. Detailed information on all aspects of demonstrating an Expert Advisor in MQL5 and testing it in MetaTrader 5 - from analyzing price range behaviors to risk management.

Here is a graph of the moving averages plotted against price data. The plot includes the price series, the fast-moving average (10-day EMA) and the slow-moving averages (20-day EMA).

MOVING AVERAGES CROSSOVER

Before we make any trading decisions, the strategy makes sure that there is a minimum amount of historical data from the moving averages. Making more trustworthy and knowledgeable selections is aided by this. The strategy prevents inadequate information, which could result in false signals and possibly losing trades, by verifying that there is enough data. This snippet serves as a validation step before trading. If the condition is not satisfied, the strategy will revert and execute no trades or analyses for that tick.


Author: Kikkih25

 

Thanks for posting this article, it has been very useful. I integrated the cascade ordering part into my own EA, and its made a big impact on profitability!