Metatrader 5 Experts | Exp_AroonSignal | MQL5 Release

New free code from MQL5: indicators, EAs, and scripts for traders.

The Expert Advisor based on signal entry taken from signal indicator AroonSignal. The signal is formed when a bar is closing if there is a new colored diamond that means that there is rearrangement of the indicator Aroon from overbought/oversold zones and vise versa.

Place AroonSignal.ex5 compiled file to the 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.

Grid trading done right – try the robust Grid Expert Advisor for controlled risk. Details here.

Fig. 1. The instances of history of deals on the chart.

Testing results for 2011 at USDCHF H4:

Fig. 2. Charts of testing results

Level up your trading with professional RobotFX expert advisors and indicators. Visit www.robotfx.org for proven MT4/MT5 tools.

1066

Best MetaTrader Indicators + Profitable Expert Advisors