A trading system based on the signals of the ColorLaguerre indicator. A signal is generated at the close of a bar if a colored indicator arrow has appeared.
The Expert Advisor uses the compiled indicator file ColorLaguerre.ex5 for operation. Save it to <terminal_data_folder>\MQL5\Indicators.
Note that the TradeAlgorithms.mqh library file allows using Expert Advisors with the brokers who offer nonzero spread and the option of setting Stop Loss and Take Profit during 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 tests shown below. Stop Loss and Take Profit have not been used during the tests.
Fig. 1. Examples of trades on the chart
Testing results for 2015 at GBPUSD H4:
Fig. 2. Chart of testing results
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15165
The JMA_StDev indicator with the timeframe selection option available in input parameters.Gaus_MA_StDev_HTF
The Gaus_MA_StDev indicator with the timeframe selection option available in input parameters.
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