The Exp_CMO Expert Advisor based on signal entry taken from the CMO indicator. A signal to perform a deal is formed at bar closing when the cloud indicator changes its color to the opposite.
Place CMO.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 in the chart.
Testing results for 2011 at EURJPY H4:
Fig. 2. Chart of testing results
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1141
The Expert Advisor on the T3MA-ALARM indicatorT3MA-ALARM
A Moving Average with double smoothing