Exp_ColorNonLagDotMACD - MetaTrader 5 Expert - MT4/MT5 Resources

The Exp_ColorNonLagDotMACD EA is drawn based on signals obtained from the ColorNonLagDotMACD histogram. A signal to execute a trade is formed at the close when there is a breakout of the RMCD zero level histogram or when there is a change in the direction of the histogram or the signal line and when there is also a breakout of the histogram signal line (depending on the option selected in the input parameters mode).

Place the ColorNonLagDotMACD.ex5 and NonLagDot.ex5 compiled files 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.

USD/CHF test results in the first half of 2011:

Figure 2. Test result chart

Attachment download

📎 tradealgorithms.mqh (67.74 KB)

📎 colornonlagdotmacd.mq5 (9.97 KB)

📎 nonlagdot.mq5 (7.35 KB)

📎 exp_colornonlagdotmacd.mq5 (10 KB)

Source: MQL5 #1296