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Experts

Exp_trend_arrows - expert for MetaTrader 5

Nikolay Kositsin | English Русский 中文 Español Deutsch 日本語 Português
Views:
4585
Rating:
(21)
Published:
2016.06.30 12:53
Updated:
2016.11.22 07:32
\MQL5\Include\
TradeAlgorithms.mqh (60.9 KB) view
\MQL5\Indicators\
trend_arrows.mq5 (13.66 KB) view
\MQL5\Experts\
Exp_trend_arrows.mq5 (7.16 KB) view
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Trading system based on trend_arrows 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 trend_arrows.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

Fig. 1. Examples of trades on the chart

Testing results for 2015 on GBPJPY H4:

Fig. 2. Charts of testing results

Fig. 2. Charts of testing results

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/15545

trend_arrows_HTF trend_arrows_HTF

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

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trend_arrows_sign trend_arrows_sign

Semaphore signal indicator based on the trend_arrows indicator algorithm.

trend_arrows_HTF_Signal trend_arrows_HTF_Signal

trend_arrow_HTF_Signal shows a trend direction or a signal for performing a deal generated by trend_arrows indicator at the chosen bar as a graphic object with colored trend indication or deal direction and sends alerts or audio signals in case of a market entry moment.