Exp_Ergodic_Ticks_Volume_OSMA - MetaTrader 5 Expert

Exp_Ergodic_Ticks_Volume_OSMA EA trading is based on the reversal of the direction of the Ergodic_Ticks_Volume_OSMA histogram. If the histogram direction changes, a signal is formed when the bar closes.

This Expert Advisor requires the compiled indicator file Ergodic_Ticks_Volume_OSMA.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 trade on chart

2014 USDJPY H8 test results:

Figure 2. Test results chart

Attachment download

📎 exp_ergodic_ticks_volume_osma.mq5 (8.06 KB)

📎 smoothalgorithms.mqh (130.19 KB)

📎 tradealgorithms.mqh (60.9 KB)

📎 ergodic_ticks_volume_osma.mq5 (9.31 KB)

Source: MQL5 #13610