The Exp_FractalAMA_MBK Expert Advisor is based on signals generated by two moving averages of the FractalAMA_MBK indicator.
The signal is formed when a bar is closing if there is a crossing of indicator's main and signal lines.
This Expert Advisor requires FractalAMA_MBK.ex5 compiled indicator file 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 on GBPJPY H12:
Fig.2. Testing results chart
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13644
The FractalAMA_MBK indicator with the timeframe selection option available in the input parameters.Exp_ForecastOscilator
The Exp_ForecastOscilator Expert Advisor is based on signals generated by the ForecastOscilator semaphore signal indicator.