OzFx - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources - MetaTrader 5 Resources

Author of the idea : Yuri , author of the mq5 code : Barabashkakon .

Instructions for generating a position signal:

Buy signal - when the Stochastic Oscillator on bar #1 is greater than the Stochastic Levels input and the Accelerating Oscillator on bar #1 is greater than the Accelerating Oscillator on bar #2 . In this case, the accelerating oscillator on post #1 should be above zero, while the accelerating oscillator on post #2 should be below zero :

 if ( Stoh_main_1>InpStochasticLevel && AC_1>ACPrev_2 && AC_1> 0 && ACPrev_2< 0 && number of purchases == 0 )
...

Sell ​​signal - when the Stochastic oscillator on bar #1 is smaller than the Stochastic level input and the accelerating oscillator on bar #1 is smaller than the accelerating oscillator on bar #2 . In this case, the accelerating oscillator on post #1 should be below zero, while the accelerating oscillator on post #2 should be above zero :

 if( Stoh_main_1 && AC_1  && AC_1 <0 && AC PRE-CHECK_2 > 0 && count_sells==0 )
...
 Example of sell signal: 
 When the signal is received, we open five positions with the same lot size. The first position has zero stop loss and take profit. All subsequent positions have the same Stop Loss, and the Take Profit for each position increases with the entered step size (in pips) .
 Test results for all trading symbols on PERIOD_D1: 
 Attachment download
 📎ozfx.mq5 (43.54 KB)
 Source: MQL5 #18827
 OzFx - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
 OzFx - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
 Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.