We Trust - MetaTrader 5 Experts | Forex Indicator Downloads - MT4/MT5 Resources - MetaTrader 5 Resources
Idea from: Alex
mq5 code: Barabashkakon
EA based on iMA (Moving Average, MA) and iStdDev (Standard Deviation, StdDev) indicators
The EA has an interesting parameter to manage the number of positions: Number of positions in one direction - the current maximum number of open positions in one direction.
In addition, the following options are available: Reversal ( cancellation ) of a trading signal and forced closing of the opposite position ( immediately opposite ) upon receipt of a trading signal.
The figure above shows the long-term optimization results of EURUSD and M5.
Attachment download
📎 we_trust.mq5 (81.36 KB)
Source: MQL5 #23487
We Trust - MetaTrader 5 Experts | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
We Trust - MetaTrader 5 Experts | Forex Indicator Downloads - MT4/MT5 resources are resources related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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