Exp_ColorXDerivative - MetaTrader 5 Expert - MT4/MT5 Resources

Signal based trading system Color X Derivative Indicator. If the direction of the oscillation changes, a signal is formed when the bar closes.

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

In the following text, the default inputs of the EA are used. Stop Loss and Take Profit were not used during testing.

Figure 1. Example of trade on chart

2016 GBP/USD H12 test results:

Figure 2. Test result graph

Attachment download

📎 Exp_ColorXDerivative.mq5 (17.33 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 TradeAlgorithms.mqh (223.62 KB)

📎 ColorXDerivative.mq5 (15.53 KB)

Source: MQL5 #21054