Watch how to download trading robots for free
Find us on Telegram!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Experts

Exp_Ergodic_Ticks_Volume_OSMA - expert for MetaTrader 5

Views:
3085
Rating:
(19)
Published:
2015.08.17 14:01
Updated:
2023.03.29 13:45
\MQL5\Experts\ \MQL5\Include\ \MQL5\Indicators\
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The Exp_Ergodic_Ticks_Volume_OSMA Expert Advisor is based on the reversal of the Ergodic_Ticks_Volume_OSMA histogram direction. The signal is formed when a bar is closing if there is a change in histogram direction.

This Expert Advisor requires the compiled indicator file Ergodic_Ticks_Volume_OSMA.ex5 in order to run. Place it in <terminal_data_folder>\MQL5\Indicators.

Note that the TradeAlgorithms.mqh library file allows using Expert Advisors with brokers who offer nonzero spread and the option of setting Stop Loss and Take Profit together with position opening. You can download more variants of the library at the following link: Trade Algorithms.

Default Expert Advisor's input parameters have been used during the tests shown below. Stop Loss and Take Profit have not been used during the tests.

Fig.1. Trade examples on the chart

Fig.1. Trade examples on the chart

Testing results for 2014 on USDJPY H8:

Fig.2. Testing results chart

Fig.2. Testing results chart

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13610

Ergodic_Ticks_Volume_OSMA_HTF Ergodic_Ticks_Volume_OSMA_HTF

The Ergodic_Ticks_Volume_OSMA indicator with the timeframe selection option available in the input parameters.

Entropy_HTF Entropy_HTF

The Entropy indicator with the timeframe selection option available in the input parameters.

ExtremLine_HTF ExtremLine_HTF

The ExtremLine indicator with the timeframe selection option available in the input parameters.

Exp_Fast2 Exp_Fast2

The Exp_Fast2 Expert Advisor is based on signals generated by the Fast2 indicator.