MA Trend 2 - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources

Developed first version Moving Average Trend - added type training limit parameter :

• Buying only - only open buying is allowed
• Only SELL - Only SELL positions are allowed to be opened
• Buy and Sell - allows simultaneous opening of buy and sell positions.

The Expert Advisor operates according to the iMA (Moving Average, MA) indicator. It has many settings:

The current selling price is higher than the indicator value on bar 1 -> signal to open a buy position

The current bid price is below the indicator value on bar #1 -> signal to open a sell position.

And how it looks like in MQL5 code:

 if ( m_symbol.ask ()>horse[ 1 ])
        m_need_open_buy= true ;
else if ( m_symbol.bid ()  1])
        m_need_open_sell= true ;

The operation example has only one position parameter, false and true:

The following example has only one position - true, revocation - false and the opposite immediately - true: a buy position is opened and after some time a signal to open a sell position is received. Since the opposite is true, first the buy position is closed (since it is opposite to the signal), and only then the sell position is opened.

Attachment download

📎 ma_trend_2.mq5 (78.03 KB)

Source: MQL5 #23632