Exp_CorrectedAverage - MetaTrader 5 Expert - MT4/MT5 Resources
Breakthrough Systemic Modified Average Moving Average.
When the price level breaks above the moving average and the distance is determined by the input parameters of the Expert Advisor, a signal to execute the trade is formed at the close of the bar.
Input integer level = 300 ; // level of breakout point
Place the CorrectedAverage.ex5 compiled file into terminal_data_folder\MQL5\Indicators.
The input parameters of the default Expert Advisor were used in the test shown below. Stop Loss and Take Profit were not used during testing.
Figure 1. Example of trading history in the chart.
2011 AUDUSD H4 test results:
Figure 2. Test result chart
Attachment download
📎 exp_correctedaverage.mq5 (6.58 KB)
📎 smoothalgorithms.mqh (134.03 KB)
📎 tradealgorithms.mqh (67.74 KB)
📎 correctedaverage.mq5 (6.96 KB)
Source: MQL5 #1363
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