Exp_Trend_Intensity_Index - MetaTrader 5 Expert - MT4/MT5 Resources

Trading system based on Trend_Strength_Index Oscillator signals. If the indicator enters oversold or overbought territory (shown by a change in indicator color), a trading signal is formed on the close of the bar.

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

The default Expert Advisor input parameters with stop loss were used during the test as shown below.

Figure 1. Example of trade on chart

2017 USDJPY H4 test results:

Figure 2. Test result graph

Attachment download

📎 Exp_Trend_Intensity_Index.mq5 (17.64 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 TradeAlgorithms.mqh (236.36 KB)

📎 Trend_Intensity_Index.mq5 (19.68 KB)

Source: MQL5 #21828