Bill Williams - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources
Ideas from: more
mq5 code: Barabashkakon
Expert Advisor based on two indicators: iFractals and iAlligator.
Only the newest ("youngest") fractals are considered. Furthermore, only fractals that are completely above the Alligator line (condition for an upper fractal) or below the Alligator line (a condition for a lower fractal) are considered. Once the price breaks out of such a fractal, a trading signal will be received.
Available options: Reverse the signal ( cancel ) and close the opposite position ( immediately opposite ).
Attachment download
📎 bill_williams.mq5 (80.03 KB)
Source: MQL5 #23452
Bill Williams - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Bill Williams - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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