Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2016.06.30 12:55
Experts

Exp_VWAP_Close - expert for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
647
Rating:
votes: 14
\MQL5\Include\\MQL5\Indicators\
VWAP_Close.mq5 (5.06 KB)view
\MQL5\Experts\

Exp_VWAP_Close is based on VWAP_Close moving average change of direction. The signal is formed when a bar is closing if there is change of direction of the indicator.

The Expert Advisor uses the compiled indicator file VWAP_Close.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 2014 at EURUSD H8:

Fig.2. Charts of testing results

Fig.2. Charts of testing results

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15567

InstTrend InstTrend

The trend indicator drawn in the form of the colored cloud.

ZZ_Color ZZ_Color

Simple and resource efficient ZigZag.

Directed_Movement_HTF Directed_Movement_HTF

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

InstTrend_HTF InstTrend_HTF

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