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 Indicator | Exp ColorZerolagStochs

The Exp_ColorZerolagStochs EA is based on the signals generated by the ColorZerolagStochs oscillator.

The signal is formed when a bar is closing if there is change in cloud color of the indicator.

For a correct operation of the EA, place the compiled indicator file ColorZerolagStochs.ex5 to 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 while opening the position. 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 The instances of history of deals on the chart.

Testing results for 2013 at USDJPY H4:

MetaTrader Experts, Indicators, Scripts and Libraries

Fig. 2. Chart of testing results

2353

Best MetaTrader Indicators + Profitable Expert Advisors