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2016.07.01 11:14

Trading signals function. - library for MetaTrader 4

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votes: 5
Signal.mq4 (2.48 KB)view

The trading signals function is based on the values of the OsMA indicator.

Add the function to the EA: #include <Signal.mqh>

Condition if(GetSignal()==1) is for buys

Condition if(GetSignal()==-1) is for sells

Test Example:

SymbolEURUSD (Euro vs US Dollar)
Period1 Minute (M1) 2009.01.19 00:00 - 2009.01.23 23:59 (2009.01.19 - 2009.01.24)
ModelEvery tick (the most accurate mode based on the shortest available time frames)
Parametersfast_ema_period=10; slow_ema_period=12; signal_period=11; applied_price=5; shift0=18; shift1=20; shift2=0; shift3=11; TakeProfit=66; SL=20; Lots=0.1;

Bars in test8073Ticks modelled96748Modelling quality25.00%
Mismatched chart errors0

Initial deposit1000.00

Net profit1018.12Gross profit1913.42Gross loss-895.30
Profit factor2.14Expected payoff14.54

Absolute drawdown50.00Maximum drawdown154.58 (8.63%)Relative drawdown8.63% (154.58)

Total trades70Short positions (won %)38 (44.74%)Long positions (won %)32 (37.50%)

Profit trades (% of total)29 (41.43%)Loss Trades (% of total)41 (58.57%)
Largestprofit trade66.28loss trade-24.58
Averageprofit trade65.98loss trade-21.84
Maximumconsecutive wins (profit in money)4 (264.28)consecutive losses (loss in money)6 (-134.58)
Maximalconsecutive profit (count of wins)264.28 (4)consecutive loss (count)-134.58 (6)
Averageconsecutive wins2consecutive losses2

Translated from Russian by MetaQuotes Software Corp.
Original code:

Ma_Parabolic_st2 Ma_Parabolic_st2

Parabolic plotted based on Lows and Highs of a moving average. Efficiently displays the trends on smaller timeframes, and allows to mostly eliminate frequent switches, inherent to the "Parabolic SAR" indicator.

Grid Grid

Alternative grid

Errors function. In Russian. Errors function. In Russian.

Errors function. In Russian.

F2a_AO F2a_AO

Determination of the entry levels