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MA on Momentum indicator and MA on Momentum Min Profit EA

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by , 04-30-2022 at 05:28 AM (97 Views)
      
   
Good indicator was published on CodeBase together with the EA based on this indicator -
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MA on Momentum - indicator for MetaTrader 5

Name:  MAonMomentum.png
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Two lines - simple 'Momentum' indicator and 'Momentum' indicator smoothed with 'Moving Average'
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MA on Momentum Min Profit
- expert for MetaTrader 5

The EA trades on the signals of the custom indicator 'MA on Momentum' - the signal is the intersection of two lines of the indicator. At the same time, a signal to open a 'BUY' position is considered only if the intersection was BELOW the level '100', and a signal to open a 'SELL' is considered only if the intersection was ABOVE the level '100'.

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