The Expert Advisor Exp_X2MA is drawn on the basis of X2MA universal Moving Average change. The signal is formed when a bar is closing if there is change in Moving Average direction.
Place X2MA.ex5 compiled file to the terminal_data_folder\MQL5\Indicators.
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. The instances of history of deals on the chart.
Testing results for 2011 at USDCHF H4:
Fig. 2. Charts of testing results
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1062
The Three-Bar High/Low System indicator by Larry Williamsi_Trend
The oscillator with two lines based on Bollinger Bands, BearsPower and BullsPower
Envelopes drawn in ZigZag form. They can be drawn fixing Time Frame and then calculate input parametersDisplaying Several CChartObject Objects in a Single Window
This script displays several subcharts in a single chart window according to the number of currency pairs in Market Watch menu.