Exp_Instantaneous_TrendFilter - MetaTrader 5 Expert
The Instantaneous_TrendFilter indicator cloud changes color when the Exp_Instantaneous_TrendFilter EA enters the market. If the oscillator crosses its signal line, a signal will be formed when the bar closes.
This Expert Advisor requires the compiled indicator file Instantaneous_TrendFilter.ex5 to run. Place it in <terminal data folder>\MQL5\Indicators.
The input parameters of the default Expert Advisor were used in the test shown below. Stop Loss and Take Profit were not used during testing.
Figure 1. Example of trade on chart
2014 USDJPY H2 test results:
Figure 2. Test results chart
Attachment download
📎 tradealgorithms.mqh (60.9 KB)
📎 instantaneous_trendfilter.mq5 (5.14 KB)
📎 exp_instantaneous_trendfilter.mq5 (5.84 KB)
Source: MQL5 #13823
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