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MetaTrader 5 Expert Advisor | Exp Instantaneous TrendFilter

The Exp_Instantaneous_TrendFilter Expert Advisor enters the market when the Instantaneous_TrendFilter indicator cloud changes its color. The signal is formed when a bar is closing if the oscillator has crossed its signal line.

This Expert Advisor requires the compiled indicator file Instantaneous_TrendFilter.ex5 in order to run. Place it in <terminal_data_folder>\MQL5\Indicators.

Default Expert Advisor's input parameters have been used during the tests shown below. Stop Loss and Take Profit have not been used during the tests.

MetaTrader Experts, Indicators, Scripts and Libraries

Fig.1. Trade examples on the chart

Testing results for 2014 on USDJPY H2:

MetaTrader Experts, Indicators, Scripts and Libraries

Fig.2. Testing results chart

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