Exp_JBrainTrend1Stop_ReOpen - MetaTrader 5 Expert

Exp_JBrainTrend1Stop_ReOpen trading system based on JBrainTrend1Stop indicator color changes as trend following positions increase. If the indicator color changes, a trading signal is formed at the close of the bar. If the pip profit increases by a fixed threshold in the EA input, its trading volume will increase further.

The added data is stored somewhere in the string annotation in the following format: new quantity/latest transaction price/latest transaction volume .

Place the JMA.ex5 and JBrainTrend1Stop.ex5 compiled files into \MQL5\Indicators.

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

Figure 1. Example of trade on chart

2015 GBPUSD H4 test results:

Figure 2. Test results chart

Attachment download

📎 tradealgorithms.mqh (178.23 KB)

📎 jbraintrend1stop.mq5 (24.4 KB)

📎 jma.mq5 (47.27 KB)

📎 exp_jbraintrend1stop_reopen.mq5 (26.11 KB)

Source: MQL5 #16894