The robot trader EA MALR v1-01 signals is based on the MALR indicator which applies Bollinger bands with two levels of deviation in a moving average linear regression LRMA.
The expert advisor EA MALR v1-01 can be optimized for all currency pairs and time unit (time
scale)
included
EA_MALR_v_1-01.mq5
MALR.mq5
Broker - Broker Online : Platform Metatrader MT5
Strategy - Rules Of Trading
. Stop loss: pips
. Take Profit: pips
. Lots: -
. Trailing Stop: -
* Buy signal: bullish sentiment
. The action of low price breaks above the band MALR lowest (out of the oversold zone) - automatic long position Opening
* Selling signal: bearish sentiment
. The price action breaks up and down the strip MALR highest (out of the overbought zone) - Automatic short position Opening
Read more about the rules and trading signals:
Trader Online - Indicator MALR
Trader Online - Indicator MATL
Parameters - Test
Trade Example
Trading forex Currency
Symbol EUR / USD
Time Frame - UT: 4 Hours - H4