The author of the idea –
mq5 code author –
The Expert Advisor combines signals from several indicators:
- iCCI (Commodity Channel Index, CCI)
- iMA (Moving Average, MA)
- iStochastic (Stochastic Oscillator)
- iAC (Acceleration/Deceleration, Accelerator/Decelerator Oscillator, AC)
- iDeMarker (DeMarker, DeM)
- iAO (Awesome Oscillator, AO)
or uses only one of the indicators.
You can combine conditions: use entry signals from one indicator, while using exit signals from another. For example, CCI: use CCI to open is responsible for using CCI entry signals, while CCI: use CCI to close applies CCI indicator for closing. The principle is the same for other indicators.
Lot size management
If the Multiply a lot if the last deal was unprofitable ratio parameter is not equal to “1.0”, while the previous position was closed with a loss, the lot of the loss-making position is increased by this ratio.
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