The Exp_FisherCGOscillator EA is based on the signals generated by the FisherCGOscillator oscillator.
The signal is formed when a bar is closing if there is crossing of the main and signal lines of the indicator.
The Expert Advisor requires the compiled file of the indicator FisherCGOscillator.ex5. Place 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 together with position opening. You can download more variants of the library at the following link: 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.
Figure 1 The instances of history of deals on the chart.
Testing results for 2013 at GBPUSD H4:
Figure 2. Chart of testing results
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2236
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.