Module of Trade Signals, based on BrainTrend2 indicator – library MetaTrader 5

A Lime candle of BrainTrend2 indicator is a signal to open a long position, a Magenta candle is a signal to open a short position. The signals are formed on the completed bars (candles).

The following input parameters were used when testing:

  • ATR period: 7;
  • Timeframe: H4;
  • Symbol: AUDUSD;
  • Lot: 0.1;
  • Stop Loss, Take Profit, Trailing: not used.

To use this module of trade signals in MQL5 Wizard, the braintrend2signal.mqh must be placed to terminal_data_folder\MQL5\Include\Expert\Signal\MySignals.

The module uses the BrainTrend2 indicator, the BrainTrend2.mq5 must be placed to terminal_data_folder\MQL5\Indicators.

Example of trades on the chart

Example of trades on the chart

History backtesting results starting from 2011:

History backtesting results

History backtesting results


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