Exp_Directed_Movement Expert Advisor is based on the change of color of the Directed_Movement indicator. The signal is formed when a bar is closing if there is change in cloud color of the indicator.
The Expert Advisor uses the compiled indicator file Directed_Movement.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
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15575
InstTrend indicator with the timeframe selection option available in input parameters.Directed_Movement_HTF
Directed_Movement indicator with the timeframe selection option available in input parameters.