Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Views:
3224
Rating:
(12)
Published:
2016.04.14 09:46
Updated:
2016.11.22 07:32
\MQL5\Include\ \MQL5\Indicators\
3LineBreak.mq5 (5.02 KB) view
\MQL5\Experts\
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

A trading system based on the signals of the 3LineBreak indicator. A signal to perform a deal is formed at the close of a bar when the color of the indicator bars changes from red to blue or vice versa.

The Expert Advisor uses the compiled indicator file 3LineBreak.ex5 for operation. Save it to <terminal_data_folder>\MQL5\Indicators.

Note that the TradeAlgorithms.mqh library file allows using Expert Advisors with the brokers who offer nonzero spread and the option of setting Stop Loss and Take Profit during 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 tests shown below. Stop Loss and Take Profit have not been used during the tests.

Fig. 1. Examples of trades on the chart

Fig. 1. Examples of trades on the chart

Testing results for 2015 at USDCAD H12:

Fig. 2. Chart of testing results

Fig. 2. Chart of testing results

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/15185

XMA_BBx7_Cloud_Digit_Grid XMA_BBx7_Cloud_Digit_Grid

Three Bollinger Bands channels based on one moving average, drawn as a colored cloud, with the display of the last values as price labels and the possibility to round Bollinger levels up to a required number of digits, and a price grid with these rounded values.

RVI RVI

The Relative Vigor Index oscillator developed based on the article "Using The Fisher Transform" by John Ehlers that was published in November 2002 in the Technical Analysis Of Stock & Commodities magazine.

Exp_ASCtrend Exp_ASCtrend

A trading system based on the signals of the ASCtrend indicator.

Exp_BykovTrend Exp_BykovTrend

A trading system based on the signals of the BykovTrend indicator.