The Exp_Waddah_Attar_Trend Expert Advisor is based on the Waddah_Attar_Trend indicator color change. The signal is formed when a bar is closing if there is change in color of the indicator histogram.

This Expert Advisor requires the compiled indicator file Waddah_Attar_Trend.ex5 in order to run. Place it to terminal_data_folder\MQL5\Indicators.

Note that the TradeAlgorithms.mqh library file allows using Expert Advisors with brokers who offer nonzero spread and the option of setting Stop Loss and Take Profit together with position opening. You can download more variants of the library at the following link: Trade Algorithms.

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.

Fig1. Examples of deals on the chart

Testing results for 2015 at EURAUD H4:

Alternative: Double smoothed EMA - floating levels - indicator MetaTrader 5

Fig.2. Chart of testing results

Exp_Waddah_Attar_Trend – expert for MetaTrader 5

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