Trading signals module based on the Candles_Smoothed indicator - MetaTrader 5 library

The signal is formed at the close of the bar. The moment the candlestick forms , the candle smoothly changes color, indicating the time to enter the market.

Place the Candles_Smoothed.ex5 compiled file into terminal_data_catalogue\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 trade on chart

2011 NZDUSD H4 test results:

Figure 2. Test result graph

Attachment download

📎 expm_candles_smoothed.mq5 (8.33 KB)

📎 candles_smoothedsignal.mqh (12.11 KB)

📎 smoothalgorithms.mqh (133.8 KB)

📎 candles_smoothed.mq5 (7.01 KB)

Source: MQL5 #829