Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

votes: 28
2014.06.11 10:55
2016.11.22 07:32
trendmagic.mq5 (13.87 KB)view

A trading system that uses the TrendMagic 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 TrendMagic.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 на XAUUSD H4:

Figure 2. Chart of testing results

Figure 2. Chart of testing results

Translated from Russian by MetaQuotes Software Corp.
Original code:


A colored cloud formed by two WPR oscillators with different timeframes.


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

ExTrendV2 ExTrendV2

The ExTrendv2 indicator draws fractal channels.

ExVol ExVol

The ExVol calculates the difference between the total sum of bodies of growing and falling candlesticks on a given interval in points.