Exp_XPeriodCandle - MetaTrader 5 Expert - MT4/MT5 Resources

Trading system XPerod candles based on indicator signals. If there is a change in the direction of the trend (determined by the indicator candlestick color), a signal to open a position will be formed when the bar closes.

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

Please note that the Trade Algorithms .mqh library file allows trading Expert Advisors with non-zero spreads and the option to set Stop Loss and Take Profit along with opening positions with brokers that offer the following services. You can download more variants of this library via the following link: Trading Algorithms .

The input parameters of the default Expert Advisor were used in the test shown below. Stop Loss and Take Profit were not used during testing.

Figure 1. Example of trade on chart

2016 Sterling H4 test results:

Figure 2. Test result graph

Attachment download

📎Exp_XPeriodCandle.mq5 (14.72 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 TradeAlgorithms.mqh (223.62 KB)

📎 XPeriodCandle.mq5 (16.76 KB)

Source: MQL5 #21119