Idea by: Rietsuiker
Code mq5 by: barabashkakvn
The EA trades on iMA (Moving Average, MA). It holds no more than one position in the market.
Opening rules (Revers signals == false):
- Open BUY: Price ASK > MA on bar #0 - MA delta
- Open SELL: Price BID < MA on bar #0 + MA delta
If Revers signals == true, then the open signals will be reversed.
Closing rules (Revers signals == false):
- Close BUY: Price ASK < MA on bar #0 - (MA delta * MA delta coefficient for close)
- Close SELL: Price BID > MA on bar #0 + (MA delta * MA delta coefficient for close)
If Revers signals == true, then the close signals will be reversed.
MA delta is the distance between the indicator and the price.