Harnessing The MasterMind 3: Your Go-To EA for MetaTrader 5

Idea Creator: L.Bigger, MQL5 Code Developer: barabashkakvn.

Meet the MasterMind 3, an Expert Advisor (EA) designed to supercharge your trading on MetaTrader 5. This powerhouse processes signals from four different iWPR indicators, each with its unique averaging periods: iWPR(26), iWPR(27), iWPR(29), and iWPR(30). Plus, it displays OBJ_TEXT objects right on your chart and keeps a handy log file to track performance.

How It Works

The MasterMind 3 utilizes the following signals for trading decisions:

Buy Signal: sig_buy = iWPRGet(handle_iWPR_26, 0);
Sell Signal: sig_sell = iWPRGet(handle_iWPR_27, 0);
High Signal: sig_high = iWPRGet(handle_iWPR_29, 0);
Low Signal: sig_low = iWPRGet(handle_iWPR_30, 0);

Here's a quick rundown of the logic behind the EA:

// Buying condition
if (sig_buy < -99.99 && sig_sell < -99.99 && sig_high < -99.99 && sig_low < -99.99)
{
BuyValue = 1;
}

// Selling condition
if (sig_buy > -0.01 && sig_sell > -0.01 && sig_high > -0.01 && sig_low > -0.01)
{
SellValue = 1;
}

The MasterMind 3 is not just a tool; it's your trading companion that helps you make informed decisions. Whether you're a seasoned trader or just starting, implementing this EA can give you an edge in the market.