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Experts

Exp_XRSI_Histogram_Vol - expert for MetaTrader 5

Views:
1675
Rating:
(11)
Published:
2018.10.25 16:01
Updated:
2023.03.29 13:48
\MQL5\Include\ \MQL5\Indicators\
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The trading system based on the signals of the XRSI_Histogram_Vol indicator. The signal is formed when a bar is closing if there is breakthrough of an overbought/oversold level. Since there are two levels, each of the levels has its own position with its own magic number and size for a breakthrough:

input uint Magic1=555;            //Magic number for orders by a normal signal
input uint Magic2=777;            //Magic number for orders by a strong signal
input double MM1=0.1;             //Share of a deposit in a deal (normal signal)
input double MM2=0.2;             //Share of a deposit in a deal (strong signal)

For the generated EA to operate correctly, the compiled XRSI_Histogram_Vol.ex5 indicator file should be available in the <terminal_data_directory>\MQL5\Indicators folder.

Default Expert Advisor's input parameters have been used during tests shown below. Stop Loss and Take Profit have not been used during the tests.

Fig. 1. Examples of trades on the chart

Fig. 1. Examples of trades on the chart

Testing results for USDJPY H4 over the year 2017:

Fig. 2. Test results chart

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21953

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