The Exp_XKRI_Histogram Expert Advisor is based on the XKRI_Histogram oscillator change of direction. The signal is formed when a bar is closing if there is change of direction of the indicator.
This Expert Advisor requires the compiled indicator file XKRI_Histogram.ex5 in order to run. Place it to <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. 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/13962
The XKRI_Histogram indicator with the timeframe selection option available in the input parameters.KRICandle
The KRI indicator implemented as a sequence of candlesticks.