Smoothed Average - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

Idea from: Ritsujk

Code mq5: Barabashkakon

The EA trades on iMA (Moving Average, MA). It only has one place in the market.

Opening rules (reversal signal == false):

• Open Buy: Ask > MA Bar #0 - Average Delta
• Open a sell position: price BID < MA at bar #0 + average delta

If reversing signal == true, the open signal will be inverted.

Close rule (invert signal == false):

If reversing signal == true, the closing signal will be inverted.

Average delta is the distance between the indicator and the price.

Attachment download

📎 smoothing_average.mq5 (36.53 KB)

Source: MQL5 #22653