Exp_BlauTStochI - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources

The trading system uses the Braustoch oscillator.

A trading decision is made when the histogram changes direction or breaks above the zero line. The following input parameters are used to select input algorithm options:

 Enter AlgMode mode=twist; // Entry algorithm

In order to operate the EA correctly, please place the compiled indicator file BBlauTstochI.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. 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.

2012 GBPJPY H4 test results:

Figure 2. EA test results in 2012

Attachment download

📎 exp_blautstochi.mq5 (8.98 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (67.74 KB)

📎blautstochi.mq5 (8.86 KB)

Source: MQL5 #2009