Eugene - MetaTrader 5 Expert - MQL5 #1136 - MT4/MT5 Resources
This Expert Advisor is rewritten from MQL4, the author is the builder , source link https://www.mql5.com/en/code/7873 .
A buy is executed if the previous bar's high is higher than the previous bar's low and the current bar's low is higher than the previous bar's low, with multiple additional checks on price and time. The last four bars are involved in the analysis. The opposite situation is selling.
Part of the analysis was performed on formed bars; Therefore testing can only be done in each scale mode.
Figure 1 - The performance of the Expert Advisor in the visual mode of the Strategy Tester is shown in the image.
Figure 2 - Test results of EURUSD H4 last month (09.2012).
Figure 1. Transactions in the tester.
Figure 2. Trading results of the Expert Advisor in the tester.
Attachment download
📎 eugene.mq5 (12.24 KB)
Source: MQL5 #1136
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