Exp_ColorLeManTrend - MetaTrader 5 Expert - MT4/MT5 Resources

Exp_ColorLeManTrend trading system is based on the Color LeMan Trend indicator. If the indicator's cloud color changes, a signal is formed when the bar closes.

Place the ColorLeManTrend.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.

Test results of EURAUD H4 2011:

Figure 2. Test result chart

Attachment download

📎 tradealgorithms.mqh (67.74 KB)

📎 colorlemantrend.mq5 (8.27 KB)

📎exp_colorlemantrend.mq5 (6.02 KB)

Source: MQL5 #1354