Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal


Exp_BullsBearsEyes - expert for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

votes: 14
2012.12.06 07:53
2016.11.22 07:32

The Expert Advisor Exp_BullsBearsEyes based on signal entry taken from the ColorBullsBearsEyes indicator. A signal to perform a deal is formed at bar closing when the average line of the indicator breakthroughs, histogram direction or signal line change and also overbought/oversold zones or the exit from the boundaries of these zones breakthrough (depending on the options selected in the input parameter Mode).

The ColorBullsBearsEyes indicator was assembled especially for using in the Expert Advisor and to this end all signal entry determine algorithms were placed in this indicator for a maximum simplicity of the Expert Advisor code. Trade signals themselves formed by the indicator are placed in the SignBuffer[] indicator buffer under a second number. The ColorBullsBearsEyes indicator is a modification of the BullsBearsEyes indicator.

Place the ColorBullsBearsEyes.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.

Fig. 1. The instances of history of deals in the chart.

Testing results for 2011 at USDCHF H4:

Fig. 2. Charts of testing results 

Fig. 2. Chart of testing results 

Translated from Russian by MetaQuotes Software Corp.
Original code:

Exp_BullsBears Exp_BullsBears

The trading system based on the signals taken from the BullsBears semaphore signal trend indicator.

CloseSeries CloseSeries

The indicator displays a series of internal, external and single directed closing and prompts exit points on short-term trend trading

Exp_BuySell Exp_BuySell

The trading system based on the signals taken from the BuySell semaphore, signal, trend indicator

High Low Flat Channel High Low Flat Channel

Defines the boundaries of flat channel based on bars extremums