MetaTrader 5
Experts
Indicators
Scripts
Libraries
StorageJoin our fan page
- Views:
- 2629
- Rating:
- Published:
- 2015.04.10 16:11
- Updated:
- 2023.03.29 13:45
-
You are missing trading opportunities:- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration Log inYou agree to website policy and terms of use
If you do not have an account, please register
-
Need a robot or indicator based on this code? Order it on Freelance
Go to Freelance
This trading system uses the FatlSatlOsma non-normalized indicator.
A trade decision is made when the FatlSatlOsma oscillator changes direction.
This Expert Advisor requires the compiled indicator file FatlSatlOsma.ex5 in order to run. Place it 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 together with position opening. You can download more variants of the library at https://www.mql5.com/en/code/1578.
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. Examples of deals on the chart
Testing results for 2014 at USDJPY H12:
Fig. 2. Testing results chart
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/12579
HLR_HTF_Signal
The HLR_HTF_Signal indicator shows the trend direction and signals based on the HLRSign indicator.
Exp_HLRSign
The Exp_HLRSign Expert Advisor is based on signals generated by the HLRSign semaphore arrow signal indicator.
Exp_TrendlessAG_Hist
The Exp_TrendlessAG_Hist Expert Advisor is based on signals generated by TrendlessAG_Hist trend indicator.
Exp_NRatioSign
The Exp_NRatioSign Expert Advisor is based on signals generated by the NRatioSign semaphore arrow signal indicator.