Exp_TimeZonePivotsOpenSystem - MetaTrader 5 Expert

Signal based trading system time zone pivot open system indicator. If the channel breaks, a signal is formed when the bar closes.

In order for the generated EA to run correctly, the compiled TimeZonePivotsOpenSystem.ex5 indicator file should be located in \MQL5\Indicators folder.

The EA operates on a time frame not higher than H1:

 Input ENUM_TIMEFRAMES InpInd_Timeframe= PERIOD_H1 ; // TimeZonePivotsOpenSystem indicator time range

The input parameters of the default Expert Advisor have been used during testing, as shown below.

Figure 1. Example of trade on chart

Euro-USD test results for the first half of 2017:

Figure 2. Test result graph

Attachment download

📎 tradealgorithms.mqh (237.01 KB)

📎 timezonepivotsopensystem.mq5 (23.32 KB)

📎 exp_timezonepivotsopensystem.mq5 (12.32 KB)

Source: MQL5 #22429