Exp_TrendValue - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources

Trading system drawn based on the TrendValue indicator signal. A signal to execute a trade is formed at the close of the bar when a colored diamond of the corresponding color appears.

Copy the local trend value.ex5 compiled 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.

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

Figure 2. Test result chart

Attachment download

📎 tradealgorithms.mqh (67.73 KB)

📎 trendvalue.mq5 (11.37 KB)

📎 exp_trendvalue.mq5 (6.62 KB)

Source: MQL5 #1223