Fig. 1. Examples of trades on the chart

Exp_XPeriodCandleSystem_Tm_Plus – EA MetaTrader 5

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The trading system based on XPeriodCandleSystem indicator signals with the possibility to set a fixed position holding time. The signal is formed when a bar is closing if there is a channel breakthrough. Once position holding time exceeds a preset fixed limit, the position will be closed immediately:

input bool   TimeTrade=true;      //Enabling position exit by time
input uint   nTime=960;           //Open position holding time in minutes

This Expert Advisor uses the compiled indicator file XPeriodCandleSystem.ex5 for operation. Place it to <terminal_data_folder>\MQL5\Indicators.

Default Expert Advisor’s input parameters have been used during tests shown below.

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Fig. 1. Examples of trades on the chart

Fig. 1. Examples of trades on the chart

Testing results for USDJPY H4 over the year 2017:

Fig. 2. Testing results chart

Fig. 2. Testing results chart


Exp_XPeriodCandleSystem_Tm_Plus – expert for MetaTrader 5
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