MetaTrader 5 ‣ MT5 Expert Advisors ‣ Exp_Beginner – EA MetaTrader 5
Fig. 1. The instances of history of deals on the chart.

Exp_Beginner – EA MetaTrader 5

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The trading system based on the Beginner single indicator. A signal to perform a deal is formed at bar closing when a color point appears.

Place Beginner.ex5 compiled file to the terminal_data_folder\MQL5\Indicators.

The Expert Advisor provides a possibility to display the indicator used in it on the current chart directly from the Expert Advisor. There is no need to install the indicator in the chart manually. This is quite convenient, as the indicator is displayed on the chart automatically after the Expert Advisor is installed on the chart. This indicator always has input parameters identical to the Expert Advisor’s ones. Indicator is present in the chart only if it coincides with the chart’s time frame! 

Default Expert Advisor’s input parameters have been used during the tests shown below. Stop Loss and Take Profit have not been used during the tests. 

Alternative:   PFE - indicator MetaTrader 5

Fig. 1. The instances of history of deals on the chart.

Fig. 1. The instances of history of deals in the chart.

Testing results for 2011 at USDCHF H4:

Fig. 2. Chart of testing results

Fig. 2. Chart of testing results


Exp_Beginner – expert for MetaTrader 5
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