Exp_CronexChaikin - MetaTrader 5 Expert - MT4/MT5 Resources

Exp_CronexChaikin EA is based on the Cronex Chaikin oscillator.

If the indicator's cloud color changes, a signal is formed when the bar closes.

For correct operation of the EA, please place the compiled indicator file CronexChaikin.ex5 into 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 trading history on a chart.

2013 USDCAD H4 test results:

Figure 2. Test result chart

Attachment download

📎 exp_cronexchaikin.mq5 (15.27 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (120.73 KB)

📎 cronexchaikin.mq5 (14.19 KB)

Source: MQL5 #2407