Watch how to download trading robots for free

Find us on Telegram!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:

2199

Rating:

(17)

Published:

2017.01.19 16:41

Updated:

2023.03.29 13:47

\MQL5\Experts\

Exp_XMACandles.mq5 (13.91 KB) view

\MQL5\Include\

SmoothAlgorithms.mqh (130.2 KB) view

TradeAlgorithms.mqh (60.9 KB) view

\MQL5\Indicators\

XMACandles.mq5 (13.93 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The Exp_XMACandles Expert Advisor is based on signals of the XMACandles indicator. The signal is formed when a bar is closing if there is change in candlestick color of the indicator.

This Expert Advisor requires the compiled indicator file XMACandles.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. Examples of trades on the chart

Test results for 2015 at EURUSD H4:

Fig. 2. Testing results chart

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/16649

Zigzag2_R_Arrows

Zigzag2_R with its values displayed as fractal labels.

ZigZag_NK_Color_Price

ZigZag indicator with price labels of the ZigZag peak values.

ZigZag_XMACandles

ZigZag based on the XMACandles indicator candles.

Exp_X2MA_JFatl

Exp_X2MA_JFatl trend-following trading system is based on ColorX2MA and ColorJFatl indicator signals.

Exp_XMACandles - expert for MetaTrader 5