Exp_ColorTrend_CF - MetaTrader 5 Expert - MT4/MT5 Resources

Exp_ColorTrend_CF Trading System Color Trend_CF indicator based on changes in displayed trend direction. If the indicator's cloud color changes, a signal is formed when the bar closes.

Place the ColorTrend_CF.ex5 compiled file into terminal_data_folder\MQL5\Indicators.

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.

2011 XAUUSD H4 test results:

Figure 2. Test results chart.

Attachment download

📎 tradealgorithms.mqh (67.74 KB)

📎 colortrend_cf.mq5 (6.09 KB)

📎 exp_colortrend_cf.mq5 (5.9 KB)

Source: MQL5 #1355