Exp_Fisher_org_v1 - MetaTrader 5 Expert - MT4/MT5 Resources

Exp_Fisher_org_v1 EA is based on the Fisher_org_v1 oscillator. When the bar closes, if the indicator's main line and signal line cross and the indicator cloud color changes, a signal is formed.

This Expert Advisor requires the compiled indicator file Fisher_org_v1.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.

USD/CHF test results in the first half of 2015:

Figure 2. Test result graph

Attachment download

📎 tradealgorithms.mqh (60.9 KB)

📎 fisher_org_v1.mq5 (9.39 KB)

📎 exp_fisher_org_v1.mq5 (6.99 KB)

Source: MQL5 #15873