Exp_Candles_XSmoothed - MetaTrader 5 Expert - MT4/MT5 Resources

Breakout trading system uses Candlestick_Smoothing indicator. If the breakout level is above the high point of the indicator candlestick or below the low point, a signal to execute the trade is formed at the close of the bar.

Place the compiled Candle_Smoothed.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_xcandles_smoothed.mq5 (8.13 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (67.73 KB)

📎 candles_smoothed.mq5 (6.49 KB)

Source: MQL5 #1190