Exp_UltraFatl - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources

The trading system uses a super fat oscillator. A signal to execute a trade is formed at the close of the bar when the bar changes color with many red or green changes. Exiting a trade can be performed by placing a pending order or changing the color of the bar indicator.

Copy the compiled SuperFateer.ex5 file to 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 H4 USD/CHF test results:

Figure 2. Test result chart

Attachment download

📎 exp_ultrafatl.mq5 (7.99 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (67.73 KB)

📎 ultrafatl.mq5 (13.13 KB)

Source: MQL5 #1256