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- Published:
- 2012.12.11 15:04
- Updated:
- 2023.03.29 13:42
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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 Ltd.
Original code: https://www.mql5.com/ru/code/1152

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The Expert Advisor with a very simple price analysis in two bars and with the increasing lot after a loss

The smoothed and slower version of the True MFI indicator.