Millenium Code - MetaTrader 4 Expert | Forex Indicator Download - MT4/MT5 Resources

Tomas Hruby cooperates with the company Parbest.

The program is a simplified version of the original code of the relatively simple system Millenium, which earned 54% on real accounts in the summer of 2014. I decided to make this codebase version available for free (without some paid features).

The system is only open for one transaction per day. The system ran on live accounts last year and achieved good results throughout 2014. But currently I don't use it because of its high volatility. The basic principle is to open an order every day. The main indicator is to verify the crossing of the moving average of the current price, the current price must be above or below the moving average. The condition is that the lowest or highest price of the last X bars must always be on the opposite side of the direction of the new signal order type. As you can see in the screenshot below, a buy order is opened when the lowest price of the last 20 bars is below the moving average, the fast MA crosses the slow MA, and the current price is above both the fast and slow MA.

 if (yFastMAprice SlowMAprice && Ask>SlowMAprice && Ask>FastMAprice && pL1 if (reverse signal)
    {
      Today’s catalog=OP_SELL;
    }
other {
      Today's Catalog=OP_BUY;
    }
  } 

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Attachment download

📎 milleniumcode.mq4 (21.75 KB)

Source: MQL5 #13995