Join our fan page
Exp_ASCtrend - expert for MetaTrader 5
- Views:
- 3349
- Rating:
- Published:
- 2016.04.14 09:48
- Updated:
- 2016.11.22 07:32
- Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
A trading system based on the signals of the ASCtrend indicator. A signal is formed at the close of a bar if a color point of the indicator has appeared.
The Expert Advisor uses the compiled indicator file ASCtrend.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 Ltd.
Original code: https://www.mql5.com/ru/code/15186
A trading system based on the signals of the 3LineBreak indicator.
XMA_BBx7_Cloud_Digit_GridThree Bollinger Bands channels based on one moving average, drawn as a colored cloud, with the display of the last values as price labels and the possibility to round Bollinger levels up to a required number of digits, and a price grid with these rounded values.
A trading system based on the signals of the BykovTrend indicator.
Exp_Candles_SmoothedA trading system based on the signals of the Candles_Smoothed indicator.