Exp_Stochastic_Chaikins_Volatility - MetaTrader 5 Expert

Exp_Stochastic_Chaikins_Volatility EA trades based on stochastic_Chaikins_Volatility indicator color changes. If the indicator's cloud color changes, a signal is formed when the bar closes.

The Expert Advisor operates using the compiled indicator file Stochastic_Chaikins_Volatility.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 along with opening positions with brokers that offer the following services. You can download more variants of this library via the following link: Trading Algorithms .

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

Figure 1. Example of trade on chart

2015 EURUSD H12 test results:

Figure 2. Test results chart

Attachment download

📎 Exp_Stochastic_Chaikins_Volatility.mq5 (16.57 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 TradeAlgorithms.mqh (179.85 KB)

📎 Stochastic_Chaikins_Volatility.mq5 (17.56 KB)

Source: MQL5 #18040