MetaTrader 5
Experts
Indicators
Scripts
Libraries
StorageJoin our fan page
- Views:
- 2706
- Rating:
- Published:
- 2017.08.10 10:53
- Updated:
- 2017.11.16 07:38
-
You are missing trading opportunities:- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration Log inYou agree to website policy and terms of use
If you do not have an account, please register
-
Need a robot or indicator based on this code? Order it on Freelance
Go to Freelance
The trading system is based on the NRTR_ATR_STOP indicator signals. A signal is formed at the close of a bar, if a large colored star has appeared.
The Expert Advisor uses the compiled indicator file NRTR_ATR_STOP.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 during position opening. You can download more variants of the library at the following link: Trade Algorithms.
Default input parameters of the Expert Advisor were used during the tests shown below. Stop Loss and Take Profit were not used during testing.
Fig. 1. Examples of deals on the chart
Testing results for 2015 at GBPUSD H1:
Fig. 2. Testing results chart
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/18448
exp_Amstell-SL
The EA buys if the open price of the last position is higher than the current price.
Crossing of two iMA
Crossover of two iMAs (Moving Averages), one more iMA (Moving Average) is used as the filter. Lot: manual or risk percent of balance. Stop, Market or Limit orders. The EA also sets Stop Loss, Take Profit, Trailing Stop.
Vertical line
The indicator draws a vertical line (OBJ_VLINE) and then moves it to the specified time (hours and minutes).
i4_GoldenLionTrend_v3
A trend strength indicator using two Bollinger channels.