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

Exp_RMCD EA trades based on colored RMCD histograms. When the RMCD histogram breaks through the zero level or when the direction of the histogram or the signal line changes and the signal line histogram also breaks out (depending on the option selected in the mode input parameters), then a signal to execute the trade is formed at the close of the bar.

Place the ColorRMACD.ex5 and TRVI.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.

2011 EURJPY H4 test results:

Figure 2. Test result chart

Attachment download

📎 exp_rmacd.mq5 (10.66 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (67.73 KB)

📎 colorrmacd.mq5 (11.53 KB)

📎trvi.mq5 (7.75 KB)

Source: MQL5 #1207