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Interceptor - MetaTrader 5 Experts | Forex Indicator Downloads - MT4/MT5 Resources - MetaTrader 5 Resources

author EAcpu | 3 reads | 0 comments |

Interceptor - expert for MetaTrader 5

Idea from : Mselega76 .

MQL5 code by : Vladimir Karputov .

Trading strategy based on working with moving average "fans" (three time frames, five moving averages each). This EA is designed for GBPUSD, M5 "Five Digits". If you try to run it on another symbol or another timeframe, the EA will complete its operation and an error will appear.

Two methods of obtaining data from the Moving Average indicator are used in the code:

Replication rates are also widely used to speed up computing.

Single test in "Every quote based on real quotes" mode:

Interceptor - expert for MetaTrader 5


Attachment download

📎 interceptor.mq5 (127.24 KB)

Source: MQL5 #20936

Interceptor - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions

Interceptor - MetaTrader 5 Expert | Forex Indicator Download - 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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