The Exp_ColorZerolagTriX Expert Advisor enters the market when the ColorZerolagTriX indicator cloud changes its color. The signal is formed when a bar is closing if the oscillator has crossed its signal line.
This Expert Advisor requires the compiled indicator file ColorZerolagTriX.ex5 in order to run. Place it in <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. Trade examples on the chart
Testing results for 2014 on GBPJPY H4:
Fig.2. Testing results chart
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13214
This TriX oscillator analogue is calculated based on five Triple Exponential Moving Averages Oscillator indicators.TriXCloud_HTF
The TriXCloud indicator with the timeframe selection option available in the input parameters.