Arttrader_v1_5 – EA MetaTrader 5

The author of the idea: Scriptor.

mq5 code author – barabashkakvn.

The EA uses the iMA indicator (Moving Average, MA) and analyzes the last six bars.

Inputs

  • How many lots to deal with (may be less than one)
  • The period for the averager
  • Check for too-big candlesticks (avoid them)
  • Check for pairs of big candlesticks
  • A smart stop-loss
  • The trade’s stop loss in case of program error
  • The trade’s take profit
  • The minimum EMA slope to enter a trade
  • The maximum EMA slope to enter a trade
  • Wait this long to determine candlestick lows/highs (BEGIN)
  • Wait this long to determine candlestick lows/highs (END)
  • An allowance between the close and low/high price (BEGIN)
  • An allowance between the close and low/high price (END)
  • If the previous volume is not above this, exit the trade
  • A strange but functional imaginary spread adjustment
  • magic number
Alternative:  ColorXCCXCandle - indicator MetaTrader 5

Test for EURUSD H1:

Arttrader_v1_5


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