Trading system using the BlauCSI oscillator.
A trade decision is made when the histogram changes direction or at the breakthrough of the zero line. The following input parameter is used for selecting an entry algorithm option:
input AlgMode Mode=twist; //the algorithm to enter the market
For a correct operation of the EA, place the compiled indicator file BBlauCSI.ex5 to the terminal_data_folder\MQL5\Indicators.
It should be considered that the TradeAlgorithms.mqh library file is designed to use Expert Advisors by brokers who offer nonzero spread and ability to set Stop Loss and Take Profit simultaneously opening a position. Other variants of this library can be downloaded from 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. The instances of history of deals on the chart
Testing results for 2012 on GBPUSD H4:
Fig. 2. Chart of testing results
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1954
Three normalized oscillators on one chart.BlauCSI_HTF_Signal
The BlauCSI_HTF_Signal indicator shows trend direction based on the data of the BlauCSI indicator as a graphical object with colored trend indication, gives alerts or audio signals and sends push notifications on your smartphone.
The indicator fixes the moments when the volatility of the financial asset takes to a minimum value and puts colored dots on the chart in the middle of the range of the candlestick movement.RES-SUP
Two pairs of support and resistance levels based on the candlesticks of the timeframe specified in the input parameters.