An indicator changes to an EA

General information: The EA is used on the current timeframe, indices and FOREX. It works on VPS solution from MQL5, too.

This strategy is based on the indicator „Color candles identify the major trend

which is bought by me https://www.mql5.com/de/market/product/1051#

AND

the indicator „Average Directional Movement Index by Wilder“ (ADXW)

Relevant of the ADXW is the ADXW line, only

Not relevant are: „+DI-line“ and „–DI-line“

Demonstration of Signals for Entry see enclosed sheets

Entry - Long:

Candle changes the color to blue AND ADXW is higher than X

Entry - Short:

Candle changes the color to red AND ADXW is higher than X

Exit – Long & Short:

If the candle changes the color, than a position will be closed (if Exit by Opposite Signal is true)

AND the next position will be opened at the same time (if  ADXW is higher than X)

There can always be 1 open order, only!

Input-Parameters:

Lot size: starts at 0.01

T/P in Pips:

S/L in Pips:

ADXW-period:

ADXW-line:

Exit by Opposite Signal: true /false

Use Trailing Stop: True / False

Trailing Start:

Trailing Distance:

Use Time Filter: True / False

Start Time:

Stop Time:

Use Close Time: True / False

Close Time:

Please name the file „CandleChange_EA“