Exp_AFIRMA - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources

Exp_AFIRMA EA is based on the following signals: AFIRMA (Autoregressive Finite Impulse Response Moving Average) indicator.

If the indicator changes direction, a signal is formed when the bar closes. Note that the AFIRMA indicator can be repainted, so the MA status on closed bars near the current bar during a trading session may be significantly different after some time.

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

Figure 2. Test result chart

Attachment download

📎 tradealgorithms.mqh (60.2 KB)

📎 afirma.mq5 (8.92 KB)

📎 exp_afirma.mq5 (6.59 KB)

Source: MQL5 #2288