Exp_AbsolutelyNoLagLwma - MetaTrader 5 Expert - MT4/MT5 Resources
The trading system based on LWMA indicator signal has absolutely no lag . If the indicator direction changes, a signal is formed when the bar closes.
In order for the generated EA to run correctly, the compiled 0>absolutely no Lagwma.ex5 indicator file must be located in the <terminal data directory\MQL5\indicators folder.
Note that the library file TradeAlgorithm.mqh is designed for use with brokers that offer EA non-zero spreads as well as the possibility to set Stop Loss and Take Profit simultaneously with the opening of a position. You can download other versions of this library trading algorithms at.
The EA default input parameters are used in the following tests. Stop Loss and Take Profit were not used in the test.
Figure 1. Example of trade on chart
2016 GBP/USD H4 test results:
Figure 2. Test result graph
Attachment download
📎 tradealgorithms.mqh (223.62 KB)
📎absolutelynolaglwma.mq5 (19.73 KB)
📎 exp_absolutelynolaglwma.mq5 (14.14 KB)
Source: MQL5 #20794
Exp_AbsolutelyNoLagLwma - MetaTrader 5 Expert Usage and Screening Advice
Exp_AbsolutelyNoLagLwma - MetaTrader 5 Expert is a resource related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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