The signals are formed at completed bars. T3 indicator is used as a custom indicator for module of trade signals.
The downward crossover of moving average is a signal to open a long position, the upward crossover of moving average is a signal to open short position.
The following input parameters were used when testing:
- T3Period: 14;
- b_: 70;
- Other input parameters: default;
- Symbol: GBPUSD;
- Lot: 0.1;
- Stop Loss, Take Profit, Trailing Stop: not used
To use this module of trade signals in MQL5 Wizard, the basedonindicatorexpertsignal.mqh and t3signal.mqh files must be placed to terminal_data_folder\MQL5\Include\Expert\MySignals. The module uses T3 indicator, the t3.mq5 file must be placed to terminal_data_folder\MQL5\Indicators. TheΒ smoothalgorithms.mqh library must be placed to terminal_data_folder\MQL5\Include.
Trade signals, based on T3 indicator
History backtesing results (01.01.2011, GBPUSD M15):
History backtesting of strategy, based on T3 indicator (GBPUSD, M15)
Hourly:
History backtesting of strategy, based on T3 indicator (GBPUSD, H1)
Daily:
History backtesting of strategy, based on T3 indicator (GBPUSD, Daily)