The Exp_ColorJSatl_Digit Expert Advisor is based on the ColorJSatl_Digit indicator color change. The signal is formed when a bar is closing if there is change in color of the indicator line.
This Expert Advisor requires the compiled indicator file ColorJSatl_Digit.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.
Fig1. Examples of deals on the chart
Testing results for 2015 at GBPUSD H4:
Fig.2. Chart of testing results
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/16408
The ColorJFatl_Digit indicator, which features alerts, sending emails and push-notifications to mobile devices.BalanceOfPower_Histogram_Alert
The Balance of Power (BOP) indicator as a color histogram of strength and direction of the current trend, which features alerts, sending emails and push-notifications to mobile devices.