Author of the idea: Vladimir Pastushak

MQL5 code author: barabashkakvn

The EA uses an uncommon filter of two iMAs (Moving Average, MA) intersection. The price of bar #0 from the ENUM_APPLIED_PRICE enumeration can be set as a filter.

When using the signal filter ("Fast" - fast MA, "Slow" - slow MA, "Price" - price calculated for bar #0 from the ENUM_APPLIED_PRICE enumeration)

• Buy: Fast > Slow AND Price > Fast
• Sell: Fast < Slow AND Price < Fast

Presence of a position on the market is considered:

• if there is no position
• in case of a Buy signal, open a BUY position
• in case of a Sell signal, open a SELL position
• if a position is present
• in case of a Buy signal, close a SELL position
• in case of a Sell signal, close a BUY position

EURUSD, M5: