Zone Trading - MetaTrader 4 Expert | Forex Indicator Downloads - MT4/MT5 Resources - MetaTrader 5 Resources
Expert Advisor using AO and AC indicators in its operation, proposed by Bill Williams.
The EA buys on the green AO and AC and sells on the red AO and AC. A market exit is executed when any indicator changes color.
Arithmetic
It is recommended to use indicators in the H4 time frame.
Input parameters:
Due to the simplicity of the algorithm, EA does not require complex setup. Automatic lot calculation can also be implemented based on deposits.
Attachment download
📎zonal_trading.mq4 (5.83 KB)
Source: MQL5 #14512
Regional Trading - MetaTrader 4 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Regional Trading - MetaTrader 4 Expert | Forex Indicator Download - MT4/MT5 resources are resources related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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