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

Exp_EF_distance The trading system is based on changes in the displayed trend direction EF_distance indicator.

When the bar closes, a signal is formed based on the change in the direction of the moving average shown by the indicator.

In order to avoid triggering the EA on a flat market, the Flat Trend Volatility indicator has three states, which level determines whether there is enough trend power to open a position. Perform trade filtering via input parameters of the Expert Advisor

 Enter the volatility Volatil=V3; //The volatility of executing the transaction

Only transactions are filtered for entries, and no filtering is performed for exits.

Place the EF_distance.ex5 and Flat-Trend.ex4 compiled files into terminal_data_folder\MQL5\Indicators.

Exp_EF_distance_ Expert Advisor is the same Expert Advisor, but without using the volatility indicator!

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.

EURAUD H4 test results 2011:

Figure 2. Test result chart

Attachment download

📎 exp_ef_distance.mq5 (8.64 KB)

📎 exp_ef_distance_.mq5 (6.74 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (67.74 KB)

📎 ef_distance.mq5 (9.64 KB)

📎 flat-trend.mq5 (9.22 KB)

Source: MQL5 #1389