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MetaTrader 5 Expert Advisor | Exp ColorBullsGap

The Exp_ColorBullsGap Expert Advisor based on signals of the ColorBullsGap indicator. The signal is formed when a bar is closing if there is change in histogram color of the indicator.

Place ColorBulls.ex5 and ColorBullsGap.ex5 compiled files to the <terminal_data_folder>\MQL5\Indicators.

Note that the TradeAlgorithms.mqh library file allows using Expert Advisors with brokers who offer nonzero spread and the option of setting Stop Loss and Take Profit together with position opening. You can download more variants of the library at the following link: Trade Algorithms.

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 at GBPJPY H12:

MetaTrader Experts, Indicators, Scripts and Libraries

Fig. 2. Chart of testing results

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