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:

7234

Rating:

(22)

Published:

2017.01.19 17:02

\MQL5\Include\

TradeAlgorithms.mqh (178.23 KB) view

\MQL5\Experts\

Exp_MFI.mq5 (15.84 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

Real Author: Khlystov Vladimir

The simplest Expert Advisor based on MFI. Sells at a downward crossing of an oscillator overbought level, buys at an upward crossing of an oscillator oversold level. The entry signal is formed when a bar is closing if the level is crossed.

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

Testing results for 2015 on AUDUSD H6:

Fig. 2. Testing results chart

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/16856

Exp_RSI

The simplest Expert Advisor based on RSI.

Fibo iSAR

The Expert Advisor uses Fibo levels and iSAR indicator - Parabolic Stop and Reverse system. Trading is performed using BuyLimit and SellLimit orders.

Zigzag2_R_Color_Arrows_HTF

The Zigzag2_R_Color indicator with the timeframe selection option in the input parameters and display of values as fractal labels.

Candels High Open

Candels High Open indicator analyzes High and Open of the last three bars.

Exp_MFI - expert for MetaTrader 5