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Idea by: alex

mq5 code by: barabashkakvn

An EA based on indicators iMA (Moving Average, MA) and iStdDev (Standard Deviation, StdDev)

The EA has an interesting parameter to manage the number of positions: Number of positions in one direction - the highest number of positions currently opened in one direction.

Moreover, the options are available: Reverse of trading signal (Reverse) and forcedly closing opposite positions (Close opposite) at receiving a trading signal.

MetaTrader Experts, Indicators, Scripts and Libraries

In the picture above, the optimization results are shown for the forward period at EURUSD, M5.

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