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
Experts

Exp_Trading_Channel_Index - expert for MetaTrader 5

Views:
2858
Rating:
(11)
Published:
2018.09.27 15:58
Updated:
2023.03.29 13:48
\MQL5\Include\ \MQL5\Indicators\
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

A trading system based on the Trading_Channel_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 Trading_Channel_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

Fig. 1. Example trades on the chart

GBPJPY H2 testing results over the year of 2017:

Fig. 2. Test results chart

Fig. 2. Test results chart

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21829

Exp_Trend_Intensity_Index Exp_Trend_Intensity_Index

A trading system based on the Trend_Intensity_Index oscillator signals.

Forecast Forecast

The Forecast oscillator indicator

RSI_Histogram_Vol RSI_Histogram_Vol

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

GD GD

The Generalized DEMA moving average