Exp_Extremum – EA MetaTrader 5

Trading system using the Extremum indicator. A signal to perform a deal is formed at bar closing when the bar of the histogram changes from green to red color or vice versa. Exit from the deals is performed either by a pending order, or if the histogram bar color is opposite to that of the open position. 

Place Extremum.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.

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

 Testing results for 2011 at USDCHF H4:

Fig. 2. Chart of testing results

Fig. 2. Chart of testing results


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