TST - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Idea from : Yuri Tokman .
MQL5 code by : Vladimir Karputov .
The EA does not use any indicators - only the current price and the OHLC of zero bar (the rightmost bar in the chart).
Working algorithm: Once the price falls back from the highest by the retracement rate distance and we are inside a new bar - this is a signal to open a buy position; if the price is above the lowest price by the retracement rate distance and we are inside a new bar - this is a signal to open a position.
In the parameters you can enable trailing and reversal signals for opening a position.
Test results for all trading varieties on D1 in "Every quote based on real quotes" from January 1, 2018 to May 10, 2018 (parameter "Maximum Balance"):
Attachment download
📎tst.mq5 (30.49 KB)
Source: MQL5 #20721
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