Trading system based on the signals of the i-GAP indicator. The signal is formed when a bar is closing if there has been an emergence of the up or down arrow.
This Expert Advisor requires the compiled indicator file i-GAP.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
Testing results for 2014 at EURUSD H2:
Fig. 2. Chart of testing results
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14346
Trading system based on the signals of the PA_Oscillator indicator.LinearMomentum_HTF
The LinearMomentum with the timeframe selection option available in the input parameters.