Exp_LinearRegSlopeV2 - MetaTrader 5 Expert - MT4/MT5 Resources

The trading system uses the ColorLinearRegSlope_V2 indicator. When the indicator's band color changes, a signal to execute a trade is formed at the close of the bar. Exiting a trade can be executed via a pending order or via a color change of the band.

Place the compiled ColorLinearRegSlope_V2.ex5 file copied 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_linearregslopev2.mq5 (7.92 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (67.73 KB)

📎 colorlinearregslope_v2.mq5 (10.09 KB)

Source: MQL5 #1232