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Elli - expert for MetaTrader 5

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Published by:
Vladimir Karputov
votes: 25
2017.03.22 16:25
2018.02.22 15:06
Elli.mq5 (33.74 KB)view

Author of idea — Iurii Tokmanauthor of the MQL5 code — barabashkakvn

The Expert Advisor is based on the ADX Wilder and Ichimoku Kinko Hyo indicators. Lot is calculated based on risk percentage of margin.

Regarding the choice of the timeframe:

The ADX indicator is provided with a separate setting "adx_timeframe". Its default value is PEROID_M1.

The Ichimoku indicator does not have timeframe settings — the PERIOD_H1 timeframe is hard coded for it.

Also, in the trend direction detecting module, the bar Close price of the PERIOD_H1 timeframe is used:

   double sb = iIchimokuGet(CHIKOUSPAN_LINE,0);
   double close=iClose(0,m_symbol.Name(),PERIOD_H1);
   double cf=MathAbs(ts-ks)/m_symbol.Point();



Translated from Russian by MetaQuotes Software Corp.
Original code:

ColorXCCI_Histogram_HTF ColorXCCI_Histogram_HTF

The ColorXCCI_Histogram indicator with the timeframe selection option available in the input parameters.


Trend indicator.

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The implementation of the MACD pattern "Trend continuation".