Exp_X2MA_JFatl trend-following trading system is based on ColorX2MA and ColorJFatl indicator signals. ColorX2MA indicator is used to define the main slow trend direction, while ColorJFatl indicator allows us to define an entry point when a fast trend direction is changing. An entry signal is generated at a bar closure if the following two conditions are met:
Fast and slow trend signals coincide;
Fast trend has changed its direction.
EA inputs:
//+————————————————-+ //| Input parameters of the EA indicator       | //+————————————————-+ inputstring Trade=“Trade management”; //+============== TRADE MANAGEMENT ==============+ inputdouble MM=0.1; //Share of a deposit in a deal input MarginMode MMMode=LOT; //lot value detection method inputuint StopLoss_=1000; //stop loss in points inputuint TakeProfit_=2000; //take profit in points inputstring MustTrade=“Trading permissions”; //+============== TRADING PERMISSIONS ==============+ inputint Deviation_=10; //max price deviation in points inputbool BuyPosOpen=true; //Permission to enter a long position inputbool SellPosOpen=true; //Permission to enter a short position //+————————————————-+ //| Input parameters of the filter indicator     | //+————————————————-+ inputstring Filter=“SLOW TREND PARAMETERS”; //+============== TREND PARAMETERS ==============+ inputENUM_TIMEFRAMES TimeFrame=PERIOD_H4; //1 Chart period for a trend input Smooth_Method MA_Method1=MODE_SMA_; //first smoothing averaging method inputuint Length1=12; //first smoothing depth inputint Phase1=15; //first smoothing parameter, //—- for JJMA within the range of -100 … +100 it influences the quality of the transition process; //—- For VIDIA it is a CMO period, for AMA it is a slow average period input Smooth_Method MA_Method2=MODE_JJMA; //second smoothing averaging method inputuint Length2=5; //second smoothing depth inputint Phase2=15; //second smoothing parameter, //—- for JJMA within the range of -100 … +100 it influences the quality of the transition process; //—- For VIDIA it is a CMO period, for AMA it is a slow average period input Applied_price_ IPC=PRICE_CLOSE_;//price constant inputuint SignalBar=1; //bar index for getting an entry signal inputbool BuyPosClose=true; //Permission to exit long positions by trend inputbool SellPosClose=true; //Permission to exit short positions by trend //+————————————————-+ //| Input parameters of the entry indicator      | //+————————————————-+ inputstring Input=“ENTRY PARAMETERS”; //+=============== ENTRY PARAMETERS ===============+ inputENUM_TIMEFRAMES TimeFrame_=PERIOD_M30; //2 Chart period for an entry inputuint iLength=5; // depth of the JMA smoothing inputint iPhase=100; // parameter of the JMA smoothing, //—- that changes within the range -100 … +100, //—- impacts the transitional process quality; input Applied_price_ IPC_=PRICE_CLOSE_;//price constant inputuint SignalBar_=1;//bar index for getting an entry signal inputbool BuyPosClose_=false; //Permission to exit long positions by signal inputbool SellPosClose_=false; //Permission to exit short positions by signal //+————————————————-+
String variables containing text in the inputs code are included only for better visual display of the EA inputs window.
ColorJFatl_HTF and ColorX2MA_HTF indicators in the EA are included only for more convenient trend visualization in the strategy tester. They are not used in other operation modes.
Place ColorX2MA.ex5, ColorX2MA_HTF.ex5, ColorJFatl.ex5 and ColorJFatl_HTF.ex5 compiled files to the <terminal_data_folder>\MQL5\Indicators for the generated EA correct operation.
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.
