Exp_XDPOCandle - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources

The trading system is based on XDPO candle indicator signals. If the color of the indicator candlestick changes from orange to light green or vice versa, a signal to execute the trade is formed at the close of the bar.

Place the XDPOCandle.ex5 and XDPO.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 have been used during testing, as shown below. Stop Loss and Take Profit were not used during testing.

Figure 1. Example of trade on chart

2015 EURUSD H4 test results:

Figure 2. Test result chart

Attachment download

📎Exp_XDPOCandle.mq5 (8.09 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 TradeAlgorithms.mqh (60.9 KB)

📎 XDPO.mq5 (8.18 KB)

📎 XDPOCandle.mq5 (9.49 KB)

Source: MQL5 #15513