Author of the Idea - Yury Reshetov
MQ5 Code Author - barabashkakvn
This Expert Advisor (EA) is a game changer for both netting and hedging accounts. It kicks into action only when a new bar is formed, ensuring that only one position is held in the market at any given time. The EA effectively compares Open prices with the values of three key indicators: iMACD (Moving Average Convergence/Divergence), iStochastic (Stochastic Oscillator), and iRSI (Relative Strength Index).
For those looking to fine-tune their strategies, you can run optimizations in the "1-minute OHLC" tick generation mode. This allows you to dig deeper into the parameters that suit your trading style.
To make your search even more efficient, we’ve added a working timeframe option to the inputs (Work Timeframe). This is crucial since the indicators are built on this timeframe, and the EA will fetch Open prices accordingly. We highly recommend using this EA on the M1 timeframe for optimal results.
Comments 0