Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Experts

Exp_BrainTrend2_AbsolutelyNoLagLwma_X2MACandle_MMRec - expert for MetaTrader 5

Views:
3108
Rating:
(17)
Published:
2018.10.25 18:04
Updated:
2023.03.29 13:48
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Three independent trading systems using BrainTrend_V2, AbsolutelyNoLagLWMA and X2MACandle indicators within a single EA with an ability to change the volume of a forthcoming trade depending on the results of the previous trades for this trading system. Trading signals are formed when a bar closes if a trend has changed (which is displayed by any of the three indicators changing its color). The EA is a further complication of the Exp_BrainTrend2_AbsolutelyNoLagLwma and Exp_BrainTrend2_AbsolutelyNoLagLwma_MMRec code by adding another trading system using the X2MACandle indicator.

The EA inputs are divided into three groups A, B and C according to indicators applied in trading systems:

  • A - BrainTrend2_V2;
  • B - AbsolutelyNoLagLwma;
  • C - X2MACandle.

Each trading system should be configured separately by disabling the remaining trading systems with the corresponding EA inputs:

input bool    A_BuyPosOpen=true;    //A Permission to enter long positions
input bool    A_SellPosOpen=true;   //A Permission to enter short positions

For the generated EA to operate correctly, the compiled files of indicators BrainTrend2_V2.ex5, AbsolutelyNoLagLwma.ex5 and X2MACandle.ex5 should be present in the <terminal_data_directory>\MQL5\Indicators.

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 2017 on EURJPY H6:

Fig. 2. Test results chart

Fig. 2. Test results chart



Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22392

WPR_Histogram_Vol WPR_Histogram_Vol

Williams’ Percent Range oscillator displayed as a color histogram, using volumes

Harami_Alert Harami_Alert

The indicator defines Harami patterns and features alerts, emails and push notifications

Exp_Skyscraper_Fix_ColorAML_X2MACandle_MMRec Exp_Skyscraper_Fix_ColorAML_X2MACandle_MMRec

Three independent trading systems using Skyscraper_Fix, ColorAML and X2MACandle indicators within a single EA with an ability to change the volume of a forthcoming trade depending on the results of the previous trades for this trading system

X2MACandle_Chl_HTF X2MACandle_Chl_HTF

The X2MACandle_Chl indicator with the timeframe selection option available in the input parameters