Trading system based on the signals of the ThreeCandles indicator. A signal is generated at the close of a bar if a colored indicator candlestick appears.
The Expert Advisor uses the compiled indicator file ThreeCandles.ex5 for operation. Save 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 deals on the chart
Testing results for 2015 at EURUSD H6:
Fig. 2. Chart of testing results
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/17704
The indicator calculates OHLC crossoversColorXDeMarker_Histogram_HTF
The ColorXDeMarker_Histogram indicator with the timeframe selection option available in the input parameters.