The Exp_Fisher_org_v1 EA is based on the signals generated by the Fisher_org_v1 oscillator. The signal is formed when a bar is closing if there is crossing of the main and signal lines of the indicator, and if there is a change in the indicator cloud color.
This Expert Advisor requires the compiled indicator file Fisher_org_v1.ex5 in order to run. Place 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 the tests shown below. Stop Loss and Take Profit have not been used during the tests.
Fig. 1. The instances of history of deals on the chart.
Testing results for 2015 on USDCHF H12:
Fig. 2. Testing results chart
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15873
Extracting trend and filtering noises using the method of singular spectrum analysis. Adjusting the indicator parameters allows to control the smoothness of the extracted trend and noise filtering threshold.Volume_Weighted_MA_Cloud_Digit
The Volume_Weighted_MA indicator that fills the chart space with a colored background and displays the most recent value as a price label with the possibility to round the channel levels up to a required number of digits.