Sidus - MetaTrader 5 Expert | Forex Indicator Downloads - MT4/MT5 Resources - MetaTrader 5 Resources

Author of the idea : Mikhail

MQL5 code author : Balabashka Kong

The EA uses two indicators: iAlligator and iRSI (Relative Strength Index, RSI). The Alligator line acts as the main indicator, while the RSI acts as a trend filter.

Alligator signal considers the Delta (#1 - #2) parameter between the Alligator lines - the difference between the indicator lines on bars #1 and #2

The EA only works when a new bar appears (check the signal), while the Trailing works on every price move. Open interest is always fixed and set to a lot . Stop loss is always calculated dynamically. Offsets are considered: for buys, it is Low #1 - Offset , and for sells, it is High #1 + Offset . Take Profit is fixed and set at Take Profit . If you need to disable take profit, set "0.0".

Position tracking is set by two parameters: trailing stop and trailing step. To disable trailing, set it to "0.0" trailing stop . The Delta between the alligator lines (#1 - #2) has been described above.

Close Opposite Position - If "true", close the position opposite to the signal.

Step 1 - Select Trailing Parameters and Alligator Parameters. Genetic optimization (since we iterate over tailing and tailing works at every tick). I chose USDJPY M15.

Second step - check the best tests for all trading symbols.

After completing the optimization in step 1, go to the Optimization tab and click on the Results column just in case (results need to be sorted so that the best results are at the top of the table). Start a single test by right-clicking on the top result and selecting "Run Single Test". Optimal EA parameters are set in the "Parameters" tab.

Go to the Settings tab and select By All Symbols from the Optimization list.

Attachment download

📎 sidus.mq5 (48.36 KB)

Source: MQL5 #21629