MetaTrader 5
Experts
Indicators
Scripts
Libraries
StorageJoin our fan page
- Views:
- 3479
- Rating:
- Published:
- 2015.01.21 13:04
- Updated:
- 2023.03.29 13:45
-
You are missing trading opportunities:- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration Log inYou agree to website policy and terms of use
If you do not have an account, please register -
Need a robot or indicator based on this code? Order it on Freelance
Go to Freelance
The Exp_SlopeDirectionLine EA is based on the signals of the SlopeDirectionLine trend indicator.
The trade signal is formed when a bar is closing if there is change in line color of the indicator.
For a correct operation of the EA, place the compiled indicator file SlopeDirectionLine.ex5 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 while opening the position. 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 The instances of history of deals on the chart.
Testing results for 2013 at USDJPY H4:
Fig. 2. Chart of testing results
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/11254
Exp_Karpenko
The Exp_Karpenko EA is based on the signals generated by Karpenko oscillator.
Exp_TSI_WPR
The Exp_TSI_WPR EA is based on the signals generated by the TSI_WPR oscillator.
Exp_TSI_DeMarker
The Exp_TSI_DeMarker EA is based on the signals of the TSI_DeMarker trend indicator.
Exp_MaByMa
The Exp_MaByMa EA is based on the signals of the MaByMa trend indicator.