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- 2014.06.06 15:53
- Updated:
- 2023.03.29 13:47
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The Exp_CronexAC EA is based on the signals generated by the CronexAC oscillator.
The signal is formed when a bar is closing if there is change in cloud color of the indicator.
For a correct operation of the EA, place the compiled indicator file CronexAC.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
Testing results for 2013 at EURUSD H8:
Figure 2. Chart of testing results
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2396

The i-HighLow indicator draws a channel with the borders that correspond to the highest and lowest values of candlestick shadows for a specified number of bars with a vertical shift at the number of points defined by the indicator input parameters.

The MACD Indicator, in which the price series is replaced by the series of values of the Accelerator Oscillator technical indicator. It is drawn in the form of a colored cloud.

The Exp_CronexAO EA is based on the signals generated by the CronexAO oscillator.

The CronexAO indicator with the timeframe selection option available in input parameters.