Exp_ColorBBCandles - MetaTrader 5 Expert - MT4/MT5 Resources

Exp_ColorBBCandles EA trades based on Color BBC Candles indicator.

If the candlestick is colored in the trend color, but the candlestick before it has no color or has the opposite trend color, a signal to execute the trade is formed at the close of the bar.

Figure 1. Example of trading history in the chart.

2011 EURCHF H4 test results:

Figure 2. Test result chart

Attachment download

📎 exp_colorbbcandles.mq5 (7 KB)

📎 smoothalgorithms.mqh (133.8 KB)

📎 tradealgorithms.mqh (67.73 KB)

📎 ColorBBCandles.mq5 (16.77 KB)

Source: MQL5 #1152