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Experts

Exp_PA_Oscillator - expert for MetaTrader 5

Nikolay Kositsin | English Русский 中文 Español Deutsch 日本語 Português
Views:
3180
Rating:
(17)
Published:
2016.01.20 10:02
Updated:
2023.03.29 13:45
\MQL5\Experts\
exp_pa_oscillator.mq5 (8.71 KB) view
\MQL5\Include\
smoothalgorithms.mqh (130.19 KB) view
tradealgorithms.mqh (60.9 KB) view
\MQL5\Indicators\
pa_oscillator.mq5 (8.33 KB) view
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Trading system based on the signals of the PA_Oscillator indicator. The signal is formed when a bar is closing if there is breakthrough of the zero level by the indicator, and if the histogram changes its color.

This Expert Advisor requires the compiled indicator file PA_Oscillator.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 H8:

Fig. 2. Chart of testing results

Fig. 2. Chart of testing results

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14344

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