A trading system based on the signals of the Heiken_Ashi_Smoothed indicator. A signal to perform a deal is formed at the close of a bar if the color of the indicator candlesticks changes from blue to red or vice versa.
The Expert Advisor uses the compiled indicator file Heiken_Ashi_Smoothed.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 on EURJPY H4:
Fig. 2. Chart of testing results
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15214
The XDerivative_StDev indicator with the timeframe selection option available in input parameters.PChannel3_Cloud_Digit_Grid
The Price Channel indicator with the color filling inside the channel, drawn as a cloud, with the display of the last values as price labels and the possibility to round the channel levels up to a required number of digits, and a price grid with these rounded values.