Exp_HighsLowsSignal - MetaTrader 5 Expert - MT4/MT5 Resources

Trading system uses high and low signals semaphore arrow indicator.

When a star of the appropriate color and direction appears, a trading decision is made.

In order to operate the EA correctly, please place the compiled indicator file HighsLowsSignal.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 AUDUSD H4 test results:

Figure 2. Test result chart

Attachment download

📎 tradealgorithms.mqh (60.36 KB)

📎 highslowssignal.mq5 (7.34 KB)

📎exp_highslowssignal.mq5 (7.35 KB)

Source: MQL5 #2314