MQL5 PROJECT: Code An Anti-Persistence Mean Reversion System

Code an anti persistence expert advisor with general inputs for symbol, period traded, and magic number; implement new-bar logic and customize chart appearance for clear backtesting.

Identify persistence bars and persistence patterns by counting consecutive bullish and bearish bars. Use input group bar data and functions to detect bullish and bearish persistence for the expert advisor.

Configure a 100-period moving average, initialize a moving average handle, and use a moving average buffer to fetch and store values for a mean reversion strategy.

Include the trade class from trade.mk to access core trade functions. Create trade and position info objects, set buy and sell comments, and configure maximum slippage and magic number.

Set risk inputs to scale lot size with account balance, count trades with a comment and symbol filter, and compute a normalized lot size within symbol minimum and maximum limits.

Enter the first trades using anti-persistence mean reversion in MQL5. Buy when bearish persistence and price below the moving average, sell when bullish persistence above.

Calculate the break-even price for cost averaging in an mql5 project by computing average buy and sell prices from filtered positions, and output a normalized take-profit ready value.

Define cost averaging parameters for the anti-persistence mean reversion system, including a trade management input distance of 10 pips on a 5-minute chart, and initialize related globals and comments.

Implement cost averaging entries for bullish and bearish persistence, managing buy and sell trades while updating lot size, next buy and sell prices, and take profit.

Test the expert advisor with real-tick backtests, fix take-profit updates, and report equity growth and performance metrics, including about $2,800 profit on a $3,000 account and a 1.6 profit factor.

Master anti-persistence in a mean reversion system with tested results and practical trade management insights, empowering capable traders to develop their own MQL5 projects.