Double Exponential Moving Average Strategy

MQL5 Experts

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Termos de Referência

Hello, my strategy works with the DEMA indicator.

buy conditions:

A) Price should go above DEMA indicator, not by candle close, I want the strategy to work by the moment the price goes above the DEMA indicator.

B) DEMA indicator's slope should not be towards down, it should be going upwards or straight.

A and B need to happen in order to open a buy order, if only one of them happend so a buy order should not open.

Vice versa for a sell position.

A buy or sell position should close only if price touches back the DEMA indicator.

inputs:

DEMA's period, lot sizing by a fixed lot size, and of course you can add more inputs if you think it is necessary. Meta trader 5 only.

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