OPEN-SOURCE SCRIPT
Av3
Based on the ANNE EA v3 for MT4. For use on FOREX.
if ATR is greater than ATR average taken from last 5 candles, then market considered as trending, and so Open(0)>Close(1)=buy Open(0)<Close(1)=sell.
if ATR is less than ATR average, then market considered as consolidating, and so Open(0)>Close(1)=sell Open(0)<Close(1)=buy.
If trending, then buy high & sell low, if consolidation then buy low sell high.
Exit is by trail and Take Profit.
PM me for edit or MT4 version info.
if ATR is greater than ATR average taken from last 5 candles, then market considered as trending, and so Open(0)>Close(1)=buy Open(0)<Close(1)=sell.
if ATR is less than ATR average, then market considered as consolidating, and so Open(0)>Close(1)=sell Open(0)<Close(1)=buy.
If trending, then buy high & sell low, if consolidation then buy low sell high.
Exit is by trail and Take Profit.
PM me for edit or MT4 version info.
Open-source script
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