Exp_BullsBears - MetaTrader 5 Expert | Gold EA Download - MT4/MT5 Resources

The EA Exp_BullsBears is a trend indicator based on signals from the Bulls Bears semaphore . When the indicator reverses and changes color, a signal to execute the trade is formed at the close of the bar.

Place the BullsBears.ex5 compiled file 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 XAUUSD H4 test results:

Figure 2. Test result chart

Attachment download

📎 exp_bullsbears.mq5 (6.72 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (67.73 KB)

📎 bullsbears.mq5 (6.53 KB)

Source: MQL5 #1102