The Exp_Moving Average_FN is drawn on the basis of changing the direction of the universal MA Moving Average_FN. A signal to perform a deal is formed at bar closing when the Moving Average changes the direction.
Place Moving Average_FN.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 USDCHF H4:
Fig. 2. Chart of testing results
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1317
Fractals with the ability to set rangeKagi On Chart
The Kagi chart is drawn on the main window of the currency pair and a considering timeframe