A Lime candle of BrainTrend2 indicator is a signal to open a long position, a Magenta candle is a signal to open a short position. The signals are formed on the completed bars (candles).
The following input parameters were used when testing:
To use this module of trade signals in MQL5 Wizard, the braintrend2signal.mqh must be placed to terminal_data_folder\MQL5\Include\Expert\Signal\MySignals.
The module uses the BrainTrend2 indicator, the BrainTrend2.mq5 must be placed to terminal_data_folder\MQL5\Indicators.
Example of trades on the chart
History backtesting results starting from 2011:
History backtesting results
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/415
A blue candle of BrainTrend1 indicator is a signal to open a long position, a red candle is a signal to open a short position.Aroon Oscillator
Aroon Oscillator predicts price changes from trend to flat market conditions.