MetaTrader 5 Expert Advisor | Breadandbutter2 📈 MT4 & MT5 Downloads

The author of the idea: Scriptor

MQL5 code author: barabashkakvn

The EA based on iADX (Average Directional Movement Index, ADX) and iAMA (Adaptive Moving Average, AMA) indicators. The EA only operates when a new bar appears. When receiving a trading signal, opposite positions are closed.

The search for the best parameters for the symbol and the timeframe should be carried out in two ways:

manual - editing "<" ">" characters in the signal equations:

   if(adx_0<adx_1 && ama_0>ama_1)       {        ClosePositions(POSITION_TYPE_SELL);        double sl=(InpStopLoss==0)?0.0:m_symbol.Ask()-ExtStopLoss;        if(sl>=m_symbol.Bid()) // incident: the position isn't opened yet, and has to be already closed          {           PrevBars=0;           return;          }        double tp=(InpTakeProfit==0)?0.0:m_symbol.Ask()+ExtTakeProfit;        OpenBuy(sl,tp);        return;       }       if(adx_0>adx_1 && ama_0<ama_1)       {        ClosePositions(POSITION_TYPE_BUY);        double sl=(InpStopLoss==0)?0.0:m_symbol.Bid()+ExtStopLoss;        if(sl<=m_symbol.Ask()) // incident: the position isn't opened yet, and has to be already closed          {           PrevBars=0;           return;          }        double tp=(InpTakeProfit==0)?0.0:m_symbol.Bid()-ExtTakeProfit;        OpenSell(sl,tp);        return;       }