The Exp_ColorBBCandles Expert Advisor based on the ColorBBCandles indicator.
A signal to perform a deal is formed at bar closing, if the candlestick is colored in a trend color, but before the candlestick didn't have color or it has the opposite trend color.
Fig. 1. The instances of history of deals in the chart.
Testing results for 2011 at EURCHF H4:
Fig. 2. Chart of testing results
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1152
The Balance of Power (BOP) indicator was described by Igor Livshin and measures the strength of the bulls vs bears by assessing the ability of each to push price to an extreme level.Exp_CoeffofLine_true
The Exp_CoeffofLine_true Expert Advisor based on the CoeffofLine_true indicator. A signal to perform a deal is formed at bar closing, if the histogram breakthroughs its zero level