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Published:

2016.06.30 12:29

Updated:

2016.11.22 07:32

\MQL5\Include\

TradeAlgorithms.mqh (60.9 KB) view

\MQL5\Indicators\

NRTR.mq5 (9.91 KB) view

\MQL5\Experts\

Exp_NRTR.mq5 (7.11 KB) view

Download as ZIP, How to download code from MetaEditor

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Trading system based on NRTR indicator signals. A signal is formed at the close of a bar if a large colored dot of the indicator has appeared.

The Expert Advisor uses the compiled indicator file NRTR.ex5 for operation. Save it 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 tests shown below. Stop Loss and Take Profit have not been used during the tests.

Fig. 1. Examples of trades on the chart

Testing results for 2015 at GBPUSD H4:

Fig. 2. Charts of testing results

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/15245

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Exp_NRTR - expert for MetaTrader 5