mt5-distance-from-moving-average
Unverified Scalping strategy on Forex by leonardosposina. BotFinder score 18 out of 100.
MetaTrader 5 indicator that measures the largest distance between a price (high or low) and a moving average.
Source: github
BotFinder analysis pending.
mt5-distance-from-moving-average
MetaTrader 5 > Indicator > Distance from Moving Average Description This indicator measures the largest distance between a price (high or low) and a moving average. It may come in handy for strategies that open reverse positions as price moves away from a moving average within a certain range, awaiting it to return so the position can be closed. It just works on any symbol and timeframe. Settings Inputs - Moving average period: Period for moving average calculation. - Moving average method: You can choose between "Simple", "Exponential", "Smoothed" and "Linear-weighted" moving average methods. - Average distance calculation period: This is the calculation period for the average distance, and the options are "today", "today + yesterday", "today + past 2 days", "today + past 3 days", "today + past 4 days", "today + past 5 days" and "today + past 6 days". Colors - Histogram color, width and style. Levels - Level lines color, style and thickness. ---- Instructions 1. Copy this project folder to your MetaEditor indicator folder. 2. Select the .mq5 file and click 'Compile' button on MetaEd
⚠ No verified equity curve — no track-record source connected.
Drawdown profile
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Verification ledger
How the score has moved
Recalculated at each data collection. Transparency means showing the bad weeks too.
No score history is stored yet — only the current score is shown.
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Alerts on changes: coming soon
Prop-firm compatibility not provided.
Open-source maintainer on GitHub.
Data-completeness & trust index (not a profitability rating)