The Exp_CoppockHist Expert Advisor is based on the reversal of the CoppockHist oscillator direction. The signal is formed when a bar is closing if there is a change in the CoppockHist oscillator direction.
This Expert Advisor requires the compiled indicator file CoppockHist.ex5 in order to run. Place it in <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 the following link: Trade Algorithms.
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 at GBPJPY H8:
Fig.2. Testing results chart
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13533
The ColorXdinMA indicator with additional trend strength indication using colored dots based on the standard deviation algorithm.Exp_ColorXdinMA
The Exp_ColorXdinMA Expert Advisor is based on the ColorXdinMA moving average change of direction.