Exp_BW-wiseMan-1 - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources

The trading system uses the BW-wiseMan-1 semaphore signal indicator.

When colored diamonds become available, trade decisions are made. Their direction is selected based on the values ​​of the Expert Advisor input parameters.

 Input boolean retrograde= true ; // run against the trend

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 generated Expert Advisor requires the compiled file of indicator BW-wiseMan-1.ex5. Place it into terminal_data_folder\MQL5\Indicators.

Figure 1 Example of trading history on the chart

2013 GBPUSD H4 test results:

Figure 2. Test result chart

Attachment download

📎 tradealgorithms.mqh (68.11 KB)

📎 bw-wiseman-1.mq5 (8.42 KB)

📎 exp_bw-wiseman-1.mq5 (7.75 KB)

Source: MQL5 #2171