Metatrader 5 Experts | Exp_BrakeExp | MQL5 Code

Explore the latest free tools from the MQL5 community. Here's a new indicator, expert advisor, or script for MetaTrader.

The Expert Advisor Exp_BrakeExp based on the signals taken from the BrakeExp semaphore, signal, trend indicator. The signal is formed when a bar is closing if there is reversal of indicator by changing color and occurrence of a big color dot.

Place BrakeExp.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.

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

Testing results for 2011 at USDCHF H4:

Fig. 2. Charts of testing results

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