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 12:57
Exp_Directed_Movement

Exp_Directed_Movement - expert for MetaTrader 5

| English Deutsch Русский 中文 日本語 Português

Views:
382
Rating:
votes: 16
\MQL5\Include\\MQL5\Indicators\\MQL5\Experts\

Description:

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.

Image:

Fig.1. Examples of trades on the chart

Fig.1. Examples of trades on the chart

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15575

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

LinesProfitLoss LinesProfitLoss

Calculates profit (loss) of the current orders on the symbol.

FFC - Forex Factory Calendar FFC - Forex Factory Calendar

Modified version of FF Calendar Indicator with new features.