Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2016.01.20 10:16

Exp_MACDCandle - expert for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

votes: 15
macdcandle.mq5 (7.77 KB)view

The Expert Advisor Exp_MACDCandle based on signals of the indicator MACDCandle. The signal is formed when a bar is closing if there is change in candlestick color of the indicator.

This Expert Advisor requires the compiled indicator file MACDCandle.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_Laguerre_ROC Exp_Laguerre_ROC

Trading system based on the signals of the Laguerre_ROC indicator.

KalmanFilterCandle KalmanFilterCandle

The KalmanFilter indicator implemented as a sequence of candlesticks.

Exp_KalmanFilterCandle Exp_KalmanFilterCandle

The Expert Advisor Exp_KalmanFilterCandle based on signals of the KalmanFilterCandle indicator.

MA_Rounding_Channel_HTF MA_Rounding_Channel_HTF

The MA_Rounding_Channel indicator with the timeframe selection option available in the input parameters.