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Trade Signals Based on Crossover of Two EMA with intraday time filter

Trade Signals Based on Crossover of Two EMA with intraday time filter

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Here we will consider the strategy based on crossover of two exponentially smoothed Moving Averages (fast EMA and slow EMA) with intraday time filter. The strategy called "Signals based on crossover of two EMA with intraday time filter" (when creating EA automatically in MQL5 Wizard).

Trade signals:

  • Open long position: the Fast EMA crossovers upward the slow EMA and intraday time filter conditions are not satisfied.
  • Open short position: the Fast EMA crossovers downward the slow EMA and intraday time filter conditions are not satisfied.

This strategy is implemented in CSignal2EMA_ITF class.

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Salvador
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