Exp_AroonOscillatorSignAlert - MetaTrader 5 Expert

The trading system is based on the Aron Oscillator Signal Alert Indicator Signal. If the indicator's color icon appears, a signal is formed at the close of the bar.

Place the AroonOscillator.ex5 and AroonOscillatorSignAlert.ex5 compiled files into \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 trading history on a chart.

EURAUD H8 test results 2015:

Figure 2. Test result graph

Attachment download

📎 tradealgorithms.mqh (60.9 KB)

📎 aroonoscillator.mq5 (7.4 KB)

📎 aroonoscillatorsignalert.mq5 (11.85 KB)

📎 exp_aroonoscillatorsignalert.mq5 (7.75 KB)

Source: MQL5 #15950