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votes: 14
2017.01.18 09:35
i4_DRF_v3.mq5 (10.91 KB)view

The Exp_i4_DRF_v3 Expert Advisor is based on the i4_DRF_v3 indicator color change. The signal is formed when a bar is closing if there is change in color of the indicator histogram.

This Expert Advisor requires the compiled indicator file i4_DRF_v3.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

Fig1. Examples of deals on the chart

Testing results for 2015 on GBPJPY H4:

Fig.2. Chart of testing results

Fig.2. Chart of testing results

Translated from Russian by MetaQuotes Software Corp.
Original code:

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