Idea by:Â
mq5 code by:Â
An EA based on indicators iMA (Moving Average, MA) and iStdDev (Standard Deviation, StdDev)
The EA has an interesting parameter to manage the number of positions: Number of positions in one direction – the highest number of positions currently opened in one direction.
Moreover, the options are available: Reverse of trading signal (Reverse) and forcedly closing opposite positions (Close opposite) at receiving a trading signal.
In the picture above, the optimization results are shown for the forward period at EURUSD, M5.