Created by: Scriptor.
Code Author: barabashkakvn.
Meet Arttrader_v1_5, an expert advisor designed to enhance your trading on MetaTrader 5. This EA leverages the iMA indicator (Moving Average) and analyzes the last six price bars for informed trading decisions.
Key Inputs
- Set your lot size (can be less than one)
- Define the averaging period
- Filter out oversized candlesticks
- Avoid pairs of large candlesticks
- Utilize a smart stop-loss strategy
- Configure a backup stop-loss in case of an error
- Set your take profit level
- Determine the minimum EMA slope for trade entries
- Establish the maximum EMA slope for trade entries
- Set the duration to assess candlestick lows/highs (BEGIN)
- Set the duration to assess candlestick lows/highs (END)
- Allowable range between closing price and low/high (BEGIN)
- Allowable range between closing price and low/high (END)
- Exit the trade if previous volume falls below this threshold
- Adjust for a unique imaginary spread
- Magic number for trade identification
Performance Test for EURUSD on H1:
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