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
Indicators

Exp_ForexOFFTrend - indicator for MetaTrader 5

Views:
4094
Rating:
(26)
Published:
2015.01.23 10:58
Updated:
2016.11.22 07:32
\MQL5\Include\ \MQL5\Experts\
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The Exp_ForexOFFTrend Expert Advisor is based on the signals of the ForexOFFTrend trend indicator.

The signal is formed when a bar is closing if there is change in cloud color of the indicator.

For a correct operation of the EA, place the compiled indicator file ForexOFFTrend.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 the 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 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 on the chart.

Testing results for 2013 at GBPUSD H8:

Fig. 2. Chart of testing results

Fig. 2. Chart of testing results

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/11283

ForexOFFTrend_HTF ForexOFFTrend_HTF

The ForexOFFTrend indicator with the timeframe selection option available in input parameters.

WmiVol WmiVol

Optimal trading time indicator.

MaByMa_HTF MaByMa_HTF

The MaByMa indicator with the timeframe selection option available in input parameters.

ExchangePrice ExchangePrice

The indicator displays change of a current price regarding the price countBarsS/countBarsL bars ago.