Creator of the Concept: Roman
mq5 Code Author: barabashkakvn
Lego EA is a powerful Expert Advisor that brings together signals from multiple indicators to enhance your trading strategy:
- 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)
You have the flexibility to use one or a combination of these indicators. For instance, you can set it up so that entry signals come from one indicator while exit signals come from another. For example, you might configure it as follows: CCI: use CCI to open for entry signals and CCI: use CCI to close for exit signals. This principle can be applied to any of the indicators available.
Managing Lot Sizes
One of the standout features of Lego EA is its lot size management. If the setting for Multiply a lot if the last deal was unprofitable is not set to "1.0", then when a losing position is closed, the lot size of the next trade will increase based on this ratio. This strategy can help you recover from losses more effectively.
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