EMA_WMA - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
The author of the idea — Vladimir Khristov , the author of the MQL5 code — Barabashkakon .
The intersection of two iMAs (MA).
From the author of this idea:
Users often ask to write a simple Expert Advisor.
The proposed EA does not claim to be able to avoid "liquidation" of deposits. Its mission is to test theories.
This is one of them, hope the author of this idea won't mind:
Two lines are used - WMA 8 and EMA 28.
When WMA crosses EMA from below — open a position to the upside.
When WMA crosses EMA from above - open a downward position.
After opening a position, set an order: take profit 50 points (from opening position), stop loss 50 points (from opening position + spread).
Attachment download
📎 ema_wma.mq5 (16.64 KB)
Source: MQL5 #17056
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