Exp_XWPR_Histogram_Vol - MetaTrader 5 Expert - MT4/MT5 Resources

Signal-based trading system XWPR_Histogram_Vol indicator. A signal is formed when the bar breaks above the overbought/oversold levels. Since there are two levels, each level has its own place, with its own breakout magic number and size:

 Input unit magic 1 = Chapter 555 ; //Magic number for normal signal order
Input unit magic 2 = Chapter 777 ; //Magic number for strong signal orders
Enter double MM1= 0.1 ; //Share of financial resources deposited in the transaction (normal signal)
Enter double MM2= 0.2 ; //Share of financial resources deposited in the transaction (strong signal)

In order for the generated EA to run correctly, the compiled XWPR_Histogram_Vol.ex5 indicator file should be located in the <terminal data directory>\MQL5\indicator folder.

The input parameters of the default Expert Advisor have been used during testing, as shown below. Stop Loss and Take Profit were not used during testing.

Figure 1. Example of trade on chart

2017 EURJPY H4 test results:

Figure 2. Test result graph

Attachment download

📎 Exp_XWPR_Histogram_Vol.mq5 (18.49 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 TradeAlgorithms.mqh (237.01 KB)

📎 XWPR_Histogram_Vol.mq5 (27.2 KB)

Source: MQL5 #22480