Exp_Volume_Weighted_MA_Digit_System - MetaTrader 5 Expert

The trading system is based on the Volume_Weighted_MA_Digit_System indicator signal. If a colored bar appears and the previous bar has the opposite color or no color at all, a signal is formed when the bar closes.

This Expert Advisor requires the compiled indicator file Volume_Weighted_MA_Digit_System.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 trading history on a chart.

2015 GBPUSD H4 test results:

Figure 2. Test result graph

Attachment download

📎 tradealgorithms.mqh (60.9 KB)

📎 volume_weighted_ma_digit_system.mq5 (12.97 KB)

📎 exp_volume_weighted_ma_digit_system.mq5 (6.53 KB)

Source: MQL5 #15889