Exp_NRTR_ATR_STOP - MetaTrader 5 Expert - MT4/MT5 Resources

The trading system is based on the NRTR_ATR_STOP indicator signal. If a large colored star appears, a signal is formed at the close of the bar.

The Expert Advisor operates using the compiled indicator file NRTR_ATR_STOP.ex5. Save it to <terminal data folder>\MQL5\Indicators.

Please note that the TradeAlgorithms.mqh library file allows trading Expert Advisors with non-zero spreads and the option to set Stop Loss and Take Profit with brokers that offer the following services during position opening . You can download more variants of this library via the following link: Trading Algorithms .

The default input parameters of the Expert Advisor were used during the tests shown below. Stop Loss and Take Profit were not used during testing.

Figure 1. Example of trade on chart

GBP/USD test results in the first half of 2015:

Figure 2. Test result graph

Attachment download

📎 tradealgorithms.mqh (185.34 KB)

📎 exp_nrtr_atr_stop.mq5 (14.22 KB)

📎 nrtr_atr_stop.mq5 (20.37 KB)

Source: MQL5 #18448