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

The trading system uses the Candlestick Momentum Index Oscillator. Decisions about trading are made when the oscillator changes the direction of its movement.

Place the compiled file of indicator BlauCMI.ex5 into terminal_data_folder\MQL5\Indicators.

It should be taken into account that the TradeAlgorithms.mqh library file is designed to allow the use of Expert Advisors by brokers that offer the following services: non-zero spreads and the ability to set Stop Loss and Take Profit while opening a position. 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.

Euro-USD test results in the first half of 2012:

Figure 2. Test result chart

Attachment download

📎 exp_blaucmi.mq5 (7.96 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (67.74 KB)

📎blaucmi.mq5 (8.74 KB)

Source: MQL5 #1933