Exp_BinaryWave - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources

EA Exp_BinaryWave is based on integrating an oscillator from a binary wave . When the bar closes, a signal is formed if the zero level is broken or if there is a change in the direction of the moving average (depending on the option selected in the input parameters mode).

Place the BinaryWave.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 on a chart.

2011 H4 USD/CHF test results:

Figure 2. Test result chart

Attachment download

📎 exp_binarywave.mq5 (9.67 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (67.73 KB)

📎 binarywave.mq5 (14.38 KB)

Source: MQL5 #1095