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Experts

Exp_SSL_NRTR_Tm_Plus - expert for MetaTrader 5

Nikolay Kositsin | English Русский 中文 Español Deutsch 日本語 Português
Views:
1795
Rating:
(11)
Published:
2018.10.25 14:53
Updated:
2023.03.29 13:48
Exp_SSL_NRTR_Tm_Plus.mq5 (16.95 KB) view
\MQL5\Include\
SmoothAlgorithms.mqh (130.2 KB) view
TradeAlgorithms.mqh (236.36 KB) view
\MQL5\Indicators\
SSL_NRTR.mq5 (15.04 KB) view
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The trading system based on SSL_NRTR indicator signals with the possibility to set a fixed position holding time. The signal is formed when a bar is closing if the indicator changes its color from a non-trend to a trend one or from a trend one to an opposite trend one. Once position holding time exceeds a preset fixed limit, the position will be closed immediately:

input bool   TimeTrade=true;       //Enabling position exit by time
input uint   nTime=3840;           //Open position holding time in minutes

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

Default Expert Advisor's input parameters have been used during tests shown below.

Fig. 1. Examples of trades on the chart

Fig. 1. Examples of trades on the chart

Testing results for GBPJPY H4 over the year 2017:

Fig. 2. Test results chart

Fig. 2. Test results chart

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22118

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