Forex Profits - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
The Expert Advisor uses parabolic SAR and three EMAs (periods 10, 25 and 50).
The author of the idea — Yuri , the author of the MQL5 code — Barabashkakon .
Algorithm of the trading strategy:
1. Open the H1 chart of EURUSD with lot size 0,1.
2. Draw the Parabolic SAR and three exponential moving averages with periods 10, 25, and 50.
Buy signal: ЕMA with period 10 crosses ЕМА 25 and 50 from bottom to top, while Parabolic SAR is below the price .
Sell signal: ЕMA with period 10 crosses ЕМА 25 and 50 from top to bottom, while Parabolic SAR is above the price .
1. Via stop loss
2. pass Take profit
3. The profit is minimal when the ЕМА 10 line turns in the opposite direction (if we have a buy position, close to where the ЕМА10 top is formed, for sell - where the bottom is formed ). Stop Loss and Take Profit values will differ for buy and sell trades.
EURUSD test results, first half June 28, 2016 to December 16, 2016, initial deposit - $3000:
Attachment download
📎 forex_profit.mq5 (25.74 KB)
Source: MQL5 #17210
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