Exp_CoeffofLine_true - MetaTrader 5 Expert - MT4/MT5 Resources

Exp_CoeffofLine_true Expert Advisor is based on the CoeffofLine_true indicator. The signal to execute the trade is formed at the bar close if the histogram breaks through its zero level.

Place CoeffofLine_true.ex5 compiled 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.

Figure 2. Test result chart

Attachment download

📎 tradealgorithms.mqh (67.73 KB)

📎 colorcoeffofline_true.mq5 (6.41 KB)

📎 exp_coeffofline_true.mq5 (5.71 KB)

Source: MQL5 #1151