Exp_MA_Rounding_Channel - MetaTrader 5 Expert - MT4/MT5 Resources

A groundbreaking trading system is implemented in this Expert Advisor using the MA_Rounding_Channel indicator. If the price breaks through the upper or lower border of the indicator channel, a signal to execute the trade is formed at the close of the bar.

Place the compiled MA_Rounding_Channel.ex5 file copied to 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 trading history in the chart.

2011 UDSCF H4 test results:

Figure 2. Test result chart

Attachment download

📎 exp_ma_rounding_channel.mq5 (9.35 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (67.73 KB)

📎ma_rounding_channel.mq5 (11.88 KB)

Source: MQL5 #1216