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

Idea from: Dmitry

mq5 code: Barabashkakon

The Expert Advisor uses the iMA indicator (Moving Average, MA). 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 ;

Example of how this works, where only one position of parameters is false and true:

The next sample has only one position - true, withdrawn - false, and the opposite one - true: a buy position is opened, and then a signal is received to open a sell position. Since the opposite is immediately - true, the buy position is closed first (since it is opposite to the signal), and only then the sell position is opened.

Attachment download

📎 ma_trend.mq5 (76.74 KB)

Source: MQL5 #23589