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Exp_TrendValue - expert for MetaTrader 5

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votes: 18
2012.12.13 10:55
2016.11.22 07:32
trendvalue.mq5 (11.37 KB)view

Trading system drawn on the basis of the signals of the TrendValue indicator. A signal to perform a deal is formed at bar closing when a colored diamond of a corresponding color appears.

Place TrendValue.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 on the chart.

Fig. 1. The instances of history of deals in the chart.

Testing results for 2011 at USDCHF H4: 

Fig. 2. Charts of testing results

Fig. 2. Chart of testing results

Translated from Russian by MetaQuotes Software Corp.
Original code:

AutoTrendLines AutoTrendLines

The indicator automatically identifies points and draws support and resistance trend lines on them. There are two types of lines calculation

The MACD with the definition of price extremums The MACD with the definition of price extremums

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