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

The trading system uses the iCCI_NR indicator. If the support and resistance levels are broken and the color changes, a signal to open a position is formed at the close of the bar. If the indicator's average line is exceeded, a signal to close the position will be formed.

Expert Advisor requires compiled indicator file iCCI_NR .ex5 . Place it into terminal_data_directory\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 trade on chart

2014 GBPJPY H8 test results:

Figure 2. Test result chart

Attachment download

📎 exp_icci_nr.mq5 (9.1 KB)

📎 smoothalgorithms.mqh (130.19 KB)

📎 tradealgorithms.mqh (60.9 KB)

📎 icci_nr.mq5 (9.96 KB)

Source: MQL5 #14475