Aroon EA - MetaTrader 4 Expert | Forex Indicator Download - MT4/MT5 Resources
This is a very simple EA that trades based on the Aroon indicator (attached).
It works on M15 TF and searches Aroon upper/lower cross. The H1 of the trend can be confirmed using the variables aronUpTrend and aronDwTrend.
It also uses the WPR oscillator to get good entry points as well as closing orders.
Of course, it needs some optimizations and other filters, but I think the basics of logic are good!
Useful genuine and only public price ! Keep in mind that if you want to add some features such as breakeven and trailing stops based on live prices, you will need to backtest them in every tick mode.
Attachment download
📎 aroon.mq4 (4.03 KB)
📎 aroonea.mq4 (8.83 KB)
Source: MQL5 #24128
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