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Metatrader 5 Experts | Exp_CronexAO | MQL5 Code

RobotFX curates the best open-source MetaTrader code to inspire your trading automation.

The Exp_CronexAO EA is based on the signals generated by the CronexAO 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 CronexAO.ex5 to terminal_data_folder\MQL5\Indicators.

Never miss news-driven moves – use the News OCO Expert Advisor to place pending orders safely around economic releases. Find out more.

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.

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

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

Testing results for 2013 at GBPUSD H8:

Figure 2. Chart of testing results

Figure 2. Chart of testing results

Complement community code with advanced automation from RobotFX.

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