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

2013.01.25 15:25
Experts

Exp_ADX_Cross_Hull_Style - expert for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
3570
Rating:
votes: 21

The Exp_ADX_Cross_Hull_Style trade system is based on change of the trend displayed by the ADX_Cross_Hull_Style trend. A signal to perform a deal is formed at bar closing when the next color point of the indicator appears.

To eliminate false triggering of the Expert Advisor against the trend, the Expert Advisor uses trade signals filtering with the help of the UltraXMA trend indicator. The signals to close positions serve as an opposite signals of the ADX_Cross_Hull_Style indicator entry, so the opposite trend signals of the UltraXMA indicator.

Place ADX_Cross_Hull_Style.ex5 and UltraXMA.ex5 compiled file to the terminal_data_folder\MQL5\Indicators.

The Exp_ADX_Cross_Hull_Style_.mq5 Expert Advisor file is a crippled version of the given trade platform without trade signals filtering.

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. The instances of history of deals on the chart.

Fig. 1. The instances of history of deals in the chart.

Testing results for 2011 at XAUUSD H4:

Fig. 2. Chart of testing results

Fig. 2. Chart of testing results

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1469

bts bts

Comparing the speed of a binary or a ternary search

Normalized Volume Normalized Volume

The market volume indicator whose main purpose is to filter false signals which occur in the side movement of the market.

One Cancel Other(s) One Cancel Other(s)

The script imitates the One Cancel Other function for orders. When one order is triggered, the others are deleted.

EVWMA EVWMA

An elastic, volume weighed Moving Average