Exp_ColorJFatl_Digit_ReOpen – EA MetaTrader 5

The Exp_ColorJFatl_Digit_ReOpen trading system is based on the ColorJFatl_Digit indicator color change with adding to trend-following positions. A trade signal forms at a bar closing if the indicator line color changes. Its volume is then further increased if profit in points increases a threshold fixed in the EA inputs.

The data on addings are stored in a string comment to a position in the following format: number of addings/last trade price/last trade volume.

This Expert Advisor requires the compiled indicator file ColorJFatl_Digit.ex5 in order to run. Place it to <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. Examples of trades on the chart

Fig.1. Examples of trades on the chart


Testing results for 2015 at EURUSD H4:

Fig.2. Testing results chart

Fig.2. Testing results chart


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