EMA - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The author of the idea — John Smith , the author of the MQL5 code — Barabashkakon .
The Expert Advisor is based on the intersection of two moving averages. Take Profit and Stop Loss levels are virtual. The parameters of the indicator are hard-coded and cannot be adjusted.
Time range M5, based on the optimization of "balance + maximum Sharpe ratio", the test period is from January 1, 2017 to February 27, 2017. Test results for all pairs under default settings:
Now test all currency pairs on the M15 timeframe using default parameters:
Attachment download
📎 ema.mq5 (22.16 KB)
Source: MQL5 #17741
EMA - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
EMA - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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