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Views:: 3737
Rating:: (17)
Published:: 2012.11.19 12:22
Updated:: 2023.03.29 13:42

exp_3rdgenerationxma.mq5 (8.01 KB) view

\MQL5\Include\

smoothalgorithms.mqh (133.8 KB) view

tradealgorithms.mqh (67.73 KB) view

\MQL5\Indicators\

3rdgenxma.mq5 (8.21 KB) view

Download as ZIP, How to download code from MetaEditor

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The Exp_3rdGenerationXMA Expert Advisor is based on the change in the 3rdGenXMA moving average direction. A signal for a transaction forms when a bar is closing, provided that the MA direction has changed.

Proper operation of the generated Expert Advisor requires the compiled indicator file 3rdGenXMA.ex5 to be placed in terminal_data_directory\MQL5\Indicators.

Tests shown below were run using the default input parameters of the Expert Advisor. Stop Loss and Take Profit were not used during the tests.

Fig. 1. Examples of deals on the chart

Fig. 1. Examples of transactions in the chart

Testing results for NZDUSD H4 over 2011:

Fig. 2. Chart of testing results

Fig. 2. Testing results chart

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1069

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Exp_3rdGenerationXMA - expert for MetaTrader 5