The author of the ideaΒ –Β
mq5 code authorΒ –Β
The EA applies BrainTrend1Sig indicator:
The following parameters are responsible for its settings
- BrainTrend1: ATR averaging periodΒ
- BrainTrend1: STO averaging periodΒ
- BrainTrend1: STO smoothing typeBrainTrend1: STO type of price
The EA trails positions per each tick (only if trailing is enabled, i.e. ifΒ Trailing Stop is above zero). Checking a trading signal by the indicator is performed only when a new bar appears. The signal from the indicator is removed on bar #1. Reverse allows you to reverse trading signals.
EURUSD,H1: