Hercules ATC 2006 - MetaTrader 5 Expert - MT4/MT5 Resources
The author of the idea — Vince Wells , the author of the MQL5 code — Barabashkakon .
The Expert Advisor trades moving average breakouts. It uses the following indicators: two iMAs (moving averages, MA), iRSI (relative strength index, RSI) and two iEnvelopes (track lines).
The Expert Advisor is based on a very simple moving average based on rapid price deviations from important moving averages. It is designed for Н1 time frame.
It can be used with EURUSD and USDCHF with default settings. If you want to use it on other pairs, you should replace the base MA with one suitable for the desired pair. It is also recommended to adjust the TP, SL and Trailing Stop parameters on a per-currency pair basis. Volumes are easy to configure.
It has a good reward-to-risk ratio, with the number of winning trades significantly outweighing the number of losing trades.
Attachment download
📎 hercules_a.tc_2006.mq5 (46.54 KB)
Source: MQL5 #17195
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