Dual ALMA Crossover Expert enters trades when a fast ALMA crosses a slow ALMA, provided the slope meets a specific threshold and the price is within a defined ATR distance. The system uses a Supertrend indicator for additional trend confirmation and features ATR-based stop loss and take profit levels. It includes a time-of-day filter to restrict trading hours and a reverse crossover mechanism for exits. Note that it requires external indicator and header files to function.
Read from Final.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
alma_period
int
27
Period for ALMA
sigma
double
6.0
Sigma for ALMA
offset
double
0.85
Shift for ALMA
slope_threshold
double
1
How many pips of change in alma is good to consider for slope calculation
alma_period2
int
150
Period for ALMA2
sigma2
double
6.0
Sigma for ALMA2
offset2
double
0.85
Shift for ALMA2
InpStartHour
int
6
This section dictates the operation period for bot
InpStartMinute
int
0
InpEndHour
int
23
InpEndMinute
int
58
atr_stopfactor
double
0.5
HOW MANY ATR's FROM ALMA is SL
Show all 18 inputs
Name
Type
Default
Description
atr_profitfactor
double
1.3
P/L RATIO
supertrend_atr
int
10
Supertrend atr period
super_trend_xatr
double
1.8
Supertrend atr multiplier
wait_candle
int
3
Determine how many candles to wait for the slope to correlate with crossover
atr_distance
double
2
How many ATR is too far from ALMA
lot_size
double
0.05
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone Erenb1/MQL5_Expert from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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