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

2016.09.19 12:38
Experts

Exp_RAVI_Histogram - expert for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
587
Rating:
votes: 14
\MQL5\Include\\MQL5\Indicators\\MQL5\Experts\

The Exp_RAVI_Histogram breakout trading system based on the signals of the RAVI_Histogram oscillator. The signal is formed when a bar is closing, if the indicator breaks through the overbought level form below or the oversold level from above.

This Expert Advisor requires the compiled indicator file RAVI_Histogram.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.

Fig. 1. The instances of history of deals on the chart.

Testing results for 2015 on GBPJPY H4:

Fig. 2. Testing results chart

Fig. 2. Testing results chart

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/16100

FloatPivot FloatPivot

Another alternative to the Bollinger Bands® channel with colored inner area of the channel.

RAVI_Histogram_HTF RAVI_Histogram_HTF

The RAVI_Histogram indicator with the timeframe selection option available in input parameters.

BalanceOfPower_Histogram BalanceOfPower_Histogram

The Balance of Power (BOP) indicator as a color histogram of strength and direction of the current trend.

PPO_SignAlert PPO_SignAlert

Semaphore signal indicator based on the relative smoothed rate of price change, which features alerts, sending emails and push-notifications to mobile devices.