1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Simple Multiple Timeframe Moving Average Expert Advisor for Vertex FX

Discussion in 'Strategies & Systems' started by OmSaiTech111, May 23, 2016.

  1. OmSaiTech111

    OmSaiTech111 Active Member Trader

    Joined:
    Mar 29, 2016
    Messages:
    43
    Likes Received:
    0
    We have developed following Expert

    Simple Multiple Timeframe Moving Average is a powerful client side expert advisor for Vertex FX Trading Terminal. The basic working principle of the EA is to take differences of Moving Averages values at various time frames and open and close orders accordingly. After attaching the EA to chart it calculates the simple Moving averages for all the time frames and opens or closes the Positions based on the Moving Average comparison.
    By Default EA uses moving averages values of H1 and H4 timeframes place long and short position and close them accordingly.
    The EA first checks the total number of positions and If there are no positions opened and If the moving average value for H1 and H4 time frame for the current Bar is less than value for the previous bar then sell order is placed and this opened position is get closed If the moving average value for H1 & H4 timeframe for the current bar is greater than the values for the previous bar.
    Similarly Buy orders is placed if If the moving average value of H1 & H4 timeframe for the current bar is greater than value for the previous bar and this opened position is closed If the moving average value of H1 & H4 timeframe for the current Bar is less than value for the previous bar.


    http://www.hybrid-solutions.com/plu...Simple-Multiple-Timeframe-Moving-Average.html
    http://omsaitech.co.in/simple-multiple-timeframe-moving-average-expert-advisor/
     

Share This Page