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Exp_DynamicRS_C - expert for MetaTrader 5

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votes: 18
2014.06.02 11:10
2016.11.22 07:32
dynamicrs_c.mq5 (11.38 KB)view

A trading system that uses the DynamicRS_C indicator.

A trade decision is made when the direction of the indicator movement changes.

For a correct operation of the EA, place the compiled indicator file Exp_DynamicRS_C.ex5 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.

Figure 1. The instances of history of deals on the chart.

Testing results for 2013 at USDJPY H4:

Figure 2. Chart of testing results

Figure 2. Chart of testing results

Translated from Russian by MetaQuotes Software Corp.
Original code:

Ticker_FATL Ticker_FATL

The indicator is drawn as a colored cloud between the lines of a fast digital filter and the price.

BackgroundCandle_StepMA_Stoch_KV1_HTF BackgroundCandle_StepMA_Stoch_KV1_HTF

The indicator draws candlesticks of a larger timeframe as color filled rectangles in accordance with the values of the StepMA_Stoch_KV1 indicator.

DigitMacd DigitMacd

A colored cloud formed by the lines of the FATL and SATL digital filters.

FatlMacd FatlMacd

An oscillator from an averaged difference between the FATL digital filter and the Close price.