Exp_ColorTSI-Oscillator - MetaTrader 5 Expert - MT4/MT5 Resources

ColorTSI-Oscillator EA is based on the oscillator provided by ColorTSI-Oscillator .

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

Expert Advisor requires the compiled file of indicator ColorTSI-Oscillator.ex5. Place it 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 the chart

2013 USDJPY H4 test results:

Figure 2. Test result chart

Attachment download

📎 exp_colortsi-oscillator.mq5 (8.4 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (60.36 KB)

📎colortsi-oscillator.mq5 (9.01 KB)

Source: MQL5 #2306