Exp_Delta_WPR - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources

Exp_Delta_WPR EA trades based on the color change of the Delta_WPR indicator. If the color of the indicator histogram changes to trend blue or orange, a signal to execute the trade is formed at the close of the bar.

This Expert Advisor requires the compiled indicator file Delta_WPR.ex5 to run. Place it into 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 GBPUSD H4 test results:

Figure 2. Test results chart

Attachment download

📎 tradealgorithms.mqh (60.9 KB)

📎 delta_wpr.mq5 (15.46 KB)

📎 exp_delta_wpr.mq5 (13.04 KB)

Source: MQL5 #16512