Exp_AverageChangeCandle - MetaTrader 5 Expert - MT4/MT5 Resources

Trading system based on indicator signals average change candles . If the indicator direction changes, a signal is formed when the bar closes.

In order for the generated EA to run correctly, the compiled AverageChangeCandle.ex5 indicator file must be located in the <terminal data directory>\MQL5\indicator 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 USDJPY H4 test results:

Figure 2. Test result graph

Attachment download

📎 Exp_AverageChangeCandle.mq5 (16.96 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 TradeAlgorithms.mqh (223.62 KB)

📎AverageChangeCandle.mq5 (19.78 KB)

Source: MQL5 #20751