Exp_FigurelliSeries - MetaTrader 5 Expert - MT4/MT5 Resources

The trading system uses the Tuprofit series trend indicator. Trading decisions are made strictly at fixed times. There are two moments - the opening moment and the closing moment. These moments are defined by two pairs of EA input parameters:

 Enter the hour StartHour=H08; //Opening time
Enter the minute StartMinute=M00; //Open position minute
Enter HourX StopHour=HX00; //Close time
Enter the minute StopMinute=M00; //Close minute

At the moment of opening a position, the trading direction is defined by the position of the FigurelliSeries histogram relative to zero. If the histogram is above zero, short positions will be opened, if below zero, long positions will be opened.

Place the FigurelliSeries.ex5 compiled file 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 in the chart.

Test results of USD/CHF M30 in 2011:

Figure 2. Test result chart

Attachment download

📎 tradealgorithms.mqh (60.39 KB)

📎 figurelliseries.mq5 (6.62 KB)

📎exp_figurelliseries.mq5 (10.42 KB)

Source: MQL5 #1641