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:

2816

Rating:

(13)

Published:

2018.09.27 15:57

Updated:

2023.03.29 13:48

Exp_Trend_Intensity_Index.mq5 (17.64 KB) view

\MQL5\Include\

SmoothAlgorithms.mqh (130.2 KB) view

TradeAlgorithms.mqh (236.36 KB) view

\MQL5\Indicators\

Trend_Intensity_Index.mq5 (19.68 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

A trading system based on the Trend_Intensity_Index oscillator signals. A trading signal is formed at the bar close time, if the indicator enters the oversold or overbought area (which is displayed by a change in the indicator color).

For the generated EA to operate correctly, the compiled Trend_Intensity_Index.ex5 indicator file must be available under the <terminal_data_directory>\MQL5\Indicators folder.

Default Expert Advisor's input parameters with stops have been used during tests shown below.

Fig. 1. Example trades on the chart

Testing results for USDJPY H4 over the year 2017:

Fig. 2. Test results chart

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21828

Forecast

The Forecast oscillator indicator

FGDI

Fractal Graph Dimension Indicator

Exp_Trading_Channel_Index

A trading system based on the Trading_Channel_Index oscillator signals.

RSI_Histogram_Vol

The Relative Strength Index oscillator displayed as a color histogram, using volumes.

Exp_Trend_Intensity_Index - expert for MetaTrader 5