The author of the idea: Yury Reshetov, the MQ5 code author: barabashkakvn.
The main principle of the EA operation is as follows: a market entry signal emerges when both indicator lines have the same sign, and an exit signal emerges when the lines become different in sign. If both lines have a positive sign, a buy trade is opened. If the lines are negative, a sell trade is opened. Once the signs of the lines become different, the position is closed.
A note from the author:
The EA made a slightly less than 50% real profit on CFD #GM (General Motors stocks) in six months. No money management and risk management techniques were applied (the EA traded fixed position size).
Input Parameters
- The volume of positions to open
- Increment of the fast MA period to the period of the signal line
- Increment of the slow MA period to the fast MA period
- Period of the signal line
- Magic number
