The Exp_ColorZerolagJJRSX Expert Advisor enters the market when the ColorZerolagJJRSX indicator cloud changes its color. The signal is formed when a bar is closing if the oscillator has crossed its signal line.
Place JJRSX.ex5 and ColorZerolagJJRSX.ex5 compiled files 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. Examples of deals 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/13854
The Exp_ColorSchaffJJRSXTrendCycle Expert Advisor is based on the ColorSchaffJJRSXTrendCycle oscillator change of position relative to the overbought and oversold levels.ColorZerolagJJRSX_HTF
The ColorZerolagJJRSX indicator with the timeframe selection option available in the input parameters.