Exp_ForexProfitBoost_2nb - MetaTrader 5 Expert - MT4/MT5 Resources

The trading system uses the ForexProfitBoost_2nb indicator.

A trading decision is made when the trend changes direction, identified by the bar color changing from blue to pink (or vice versa).

This Expert Advisor requires the compiled indicator file ForexProfitBoost_2nb.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 at: https://www.mql5.com/en/code/1578 .

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 H6 test results:

Figure 2. Test result graph

Attachment download

📎 tradealgorithms.mqh (60.9 KB)

📎 forexprofitboost_2nb.mq5 (9 KB)

📎 exp_forexprofitboost_2nb.mq5 (6.22 KB)

Source: MQL5 #12711