Exp_BlauHLM - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources

This trading system uses the Blau HLM oscillator.

A trading decision is made when the histogram changes direction, breaks the zero line, or the color of the signal line cloud changes.

The following input parameters are used to select input algorithm options:

 Enter AlgMode mode=twist; // Entry algorithm

In order to operate the EA correctly, please place the compiled indicator file BlauHLM.ex5 into terminal_data_older\MQL5\Indicators.

Please note that the TradeAlgorithms.mqh library file allows trading Expert Advisors with brokers that offer the following services using non-zero spreads and the option to set Stop Loss and Take Profit when opening a position . Other variants of this library trading algorithms can be downloaded from.

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 trading history on a chart.

2013 USDJPY H4 test results:

Figure 2. Test result chart

Attachment download

📎 exp_blauhlm.mq5 (9.74 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (60.89 KB)

📎blauhlm.mq5 (8.57 KB)

Source: MQL5 #2423