Improve – EA MetaTrader 5

The author of the idea: Mark, the MQL5 code author: barabashkakvn.

The Expert Advisor searches for position opening conditions only on a new bar (performs operations at the moment of new bar emergence), while Virtual Profit is controlled on every tick. When a condition for opening a position is found (a check is performed for the Base symbol on which the EA is running), the EA opens two positions at once: on the Base symbol and on the Hedge symbol.

An example of launch on the USDJPY symbol, while the Hedge symbol is USDCHF:

Input Parameters

• Lots – position volume for each symbol;
• Virtual Profit (in money) – profit (in money), after reaching which all positions will be closed;
• Hedge symbol – the second symbol;

• Fast Moving Average Parameters:
  • MA Fast: averaging period;
  • MA Fast: horizontal shift;
  • MA Fast: smoothing type;
  • MA Fast: type of price;
  • MA Slow: averaging period.

• Slow Moving Average Parameters:
  • MA Slow: horizontal shift;
  • MA Slow: smoothing type;
  • MA Slow: type of price.

• RSI Parameters:
  • RSI: averaging period;
  • RSI: type of price.

• magic number – unique identifier for the EA.