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Views:: 3592
Rating:: (15)
Published:: 2016.06.30 12:29
Updated:: 2016.11.22 07:32

\MQL5\Include\

TradeAlgorithms.mqh (60.9 KB) view

\MQL5\Indicators\

NRTR_extr.mq5 (9.86 KB) view

\MQL5\Experts\

Exp_NRTR_extr.mq5 (7.13 KB) view

Download as ZIP, How to download code from MetaEditor

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Trading system based on NRTR_extr indicator signals. A signal is formed at the close of a bar if a large colored dot of the indicator has appeared.

The Expert Advisor uses the compiled indicator file NRTR_extr.ex5 for operation. Save 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 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. Charts of testing results

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/15248

Exp_NRTR

Trading system based on NRTR indicator signals.

NRTR_extr

NRTR indicator based on HIGH and LOW.

NRTR_HTF

NRTR indicator with the timeframe selection option available in input parameters.

NRTR_extr_HTF

NRTR_extr indicator with the timeframe selection option available in input parameters.

Exp_NRTR_extr - expert for MetaTrader 5