Exp_ColorXvaMA_Digit_StDev - MetaTrader 5 Expert - MT4/MT5 Resources

Signal-based trading system ColorXvaMA_Digit_StDev indicator. If the indicator's colored point appears, a signal is formed at the close of the bar. If the indicator changes in the opposite direction to open positions, a market exit signal is generated.

This Expert Advisor requires the compiled indicator file ColorXvaMA_Digit_StDev.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 EURUSD H8 test results:

Figure 2. Test result chart

Attachment download

📎Exp_ColorXvaMA_Digit_StDev.mq5 (24.88 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 TradeAlgorithms.mqh (60.9 KB)

📎 ColorXvaMA_Digit_StDev.mq5 (42.04 KB)

Source: MQL5 #16478