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Exp_BlauErgodicMDI - MetaTrader 5 Expert - MT4/MT5 Resources

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Exp_BlauErgodicMDI - expert for MetaTrader 5

Exp_BlauErgodicMDI - expert for MetaTrader 5

This trading system uses the Blue Ergonomic MDI Oscillator.

Trading decisions are 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 BlauErgodicMDI.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.

Exp_BlauErgodicMDI - expert for MetaTrader 5

Figure 1. Example of trading history on a chart.

Test results 2012-2013 (GBP/USD, H4):

Exp_BlauErgodicMDI - expert for MetaTrader 5

Figure 2. Test result chart


Attachment download

📎 exp_blauergodicmdi.mq5 (10.14 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (67.74 KB)

📎 blauergodicmdi.mq5 (8.8 KB)

Source: MQL5 #1987

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