Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 5 Expert Advisor | Exp_BykovTrend_ColorX2MA

Two independent trading systems using indicators BykovTrend_V2 and ColorX2MA within one EA. Signals to open trades by trading systems are formed when a bar is closing, if the trend has changed, displayed through changing the color of any of those two indicators.

For the generated EA to operate correctly, the compiled files of indicators BykovTrend_V2.ex5 and ColorX2MA.ex5 must be in the <terminal_data_directory>\MQL5\Indicators folder.

The default EA inputs were used in tests below. Stop Loss and Take Profit were not used in testing.

MetaTrader Experts, Indicators, Scripts and Libraries

Fig 1. Exemplary trades in the chart

Test results for USDJPY H6 over the year 2016:

MetaTrader Experts, Indicators, Scripts and Libraries

Fig. 2. Testing results chart

21216

Best MetaTrader Indicators + Profitable Expert Advisors