Exp_BlauTSStochastic - MetaTrader 5 Expert - MT4/MT5 Resources

This trading system uses the BlauTS stochastic oscillator.

A trading decision is made when the histogram changes direction, breaks the zero line, or the color of the signal line cloud changes.

The following input parameters are used to select input algorithm options:

 Enter AlgMode mode=twist; // Entry algorithm

For correct operation of the EA, please place the compiled indicator file BlauTSStochastic.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 with brokers that offer the following services: Open positions . Other variants of this library can be downloaded from https://www.mql5.com/en/code/1578 .

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.

Test results of GBPUSD H4 in 2012-2013:

Figure 2. Test result chart

Attachment download

📎 exp_blautsstochastic.mq5 (10.14 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (68.11 KB)

📎blautsstochastic.mq5 (11.07 KB)

Source: MQL5 #2035