Exp_X2MA_JJRSX - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources

The Exp_X2MA_JJRSX trend following trading system is based on the color X2MA and color JJRSX indicator signals. The ColorX2MA indicator is used to define the main slow trend direction, while the ColorJJRSX indicator allows us to define entry points when the fast trend direction changes. An entry signal is generated at bar close if the following two conditions are met:

The string variable containing the text from the input code is only for better visualization of the EA input window.

ColorJJRSX_HTF and ColorX2MA_HTF indicators are included in the EA only for easier trend visualization in the strategy tester. They are not used in other operating modes.

Place the ColorX2MA.ex5, ColorX2MA_HTF.ex5, ColorJJRSX.ex5 and ColorJJRSX_HTF.ex5 compiled files into \MQL5\Indicators so that the generated EA runs correctly.

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

Test results of GBP/USD in 2015, H4 trend is slow, M30 trend is entering the market quickly:

Figure 2. Test result graph

Attachment download

📎 exp_x2ma_jjrsx.mq5 (23.6 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 TradeAlgorithms.mqh (60.9 KB)

📎 ColorJJRSX.mq5 (20.26 KB)

📎 ColorJJRSX_HTF.mq5 (21.29 KB)

📎 ColorX2MA.mq5 (17.76 KB)

📎 ColorX2MA_HTF.mq5 (19.62 KB)

Source: MQL5 #16673