Exp_AFL_WinnerV2 - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources

Exp_AFL_WinnerV2 Expert Advisor uses the AFL_WinnerV2 indicator. If the indicator breaks overbought/oversold levels, a signal to open a position will be formed when the bar closes. A signal to close a position is a change in the indicator color relative to the trend of the opened position.

This Expert Advisor requires the compiled indicator file AFL_WinnerV2.ex5 to run. Place it in <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 EURJPY H8 test results:

Figure 2. Test results chart

Attachment download

📎 Exp_AFL_WinnerV2.mq5 (8.64 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 TradeAlgorithms.mqh (60.9 KB)

📎 AFL_WinnerV2.mq5 (12.41 KB)

Source: MQL5 #16359