Watch how to download trading robots for free

Find us on Twitter!
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

Views:: 1953
Rating:: (16)
Published:: 2016.06.30 12:41
Updated:: 2023.03.29 13:47

\MQL5\Experts\

Exp_ColorJ2JMAStDev.mq5 (10.94 KB) view

\MQL5\Include\

SmoothAlgorithms.mqh (130.2 KB) view

TradeAlgorithms.mqh (60.9 KB) view

\MQL5\Indicators\

ColorJ2JMAStDev.mq5 (14.94 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Real author:

Trading system based on ColorJ2JMAStDev indicator signals. A signal is formed at the close of a bar if a color point of the indicator has appeared. Market exit signal is generated if the indicator change direction is opposite to an open position.

The Expert Advisor uses the compiled indicator file ColorJ2JMAStDev.ex5 for operation. Save it to <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 tests shown below. Stop Loss and Take Profit have not been used during the tests.

Fig. 1. Examples of trades on the chart

Testing results for 2015 at EURUSD H4:

Fig. 2. Charts of testing results

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/15331

Exp_ColorHMA_StDev

Trading system based on ColorHMA_StDev indicator signals.

Exp_BinaryWave_StDev

Trading system based on BinaryWave_StDev indicator signals.

MACD histogram shown as an intersection of two lines. The space between them is filled with a color background to indicate the current trend.

MC_HTF

MC indicator with the timeframe selection option available in input parameters

Exp_ColorJ2JMAStDev - expert for MetaTrader 5