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Forex Indicator “Exp_ForexOFFTrend”

This indicator is constructed on the base of the signals of the trend indicator ForexOFFTrend.

The signal for the deal transaction is generated at the moment of the closing the bar in case if there was a change of the color in the indicator cloud.

To work with this advisor one needs to have the compiled file indicator ForexOFFTrend.ex5 that is contained in the catalog (catalog_data_terminal\MQL%\Indicators).

One should keep in mind that the TradeAlgorithms.mqh library file is intended for the use of experts for brokers who offer the zero level spread and the possibility of the installation the Take Profit and the Stop Loss simultaneously with the opening of the position.

Other variants of this library can be downloaded at the link of the Trade Algorithms.

During the tests the input parameters of the expert were used as a default. The Take Profit and the Stop Loss were not utilized during the tests. 

 

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 

 

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