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votes: 20
2015.12.04 11:33
2016.11.22 07:32
dots.mq5 (9.46 KB)view
exp_dots.mq5 (7.59 KB)view

Trading system based on the signals of the Dots indicator. The signal is formed when a bar is closing if there is change in color of the signal points of the indicator.

This Expert Advisor requires the compiled indicator file Dots.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. Trade examples on the chart

Fig. 1. Trade examples on the chart

Testing results for 2014 on USDJPY H4:

Fig. 2. Chart of testing results

Fig. 2. Chart of testing results

Translated from Russian by MetaQuotes Software Corp.
Original code:

Exp_Super_Trend Exp_Super_Trend

Trading system based on the signals of the Super_Trend indicator.

Super_TrendSign Super_TrendSign

Semaphore signal indicator based on the Super_Trend indicator algorithm.

DotsCandle DotsCandle

The Dots indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the Dots algorithm.

Background_DotsCandle_HTF Background_DotsCandle_HTF

The indicator draws DotsCandle indicator candlesticks of a higher timeframe as color filled rectangles using DRAW_FILLING buffers.