GO: The Ultimate System Trading Tool for MetaTrader 5

Mike 2017.01.26 18:07 42 0 0
Attachments

Welcome to the world of trading! Today, we're diving into an exciting system trading tool known as GO, designed specifically for MetaTrader 5. If you're looking to enhance your trading strategy, you’re in the right place!

Author of the Idea: Victor Chebotariov, and the brilliant mind behind the MQL5 code is barabashkakvn.

GO utilizes signals based on four iMA (Moving Average) indicators, analyzing the PRICE_OPEN, PRICE_HIGH, PRICE_LOW, and PRICE_CLOSE prices. This system is tailored for hedge accounts, ensuring you're equipped to manage your risk effectively.

Understanding Signal Direction

Here’s a quick look at how the signal direction is determined:

   double open = iMAGet(handle_iMA_open,0);
   double high = iMAGet(handle_iMA_high,0);
   double low = iMAGet(handle_iMA_low,0);
   double close = iMAGet(handle_iMA_close,0);
   double GO = ((close-open) + (high-open) + (low-open) + (close-low) + (close-high)) * iTickVolume(0);

To maintain a balanced approach, the number of positions is capped by the parameter:

input int MaxPositions = 5;

With GO in your trading toolkit, you're not just following trends but making informed decisions based on solid indicators. Ready to take your trading to the next level? Give GO a shot and see the difference!

List
Comments 0