MetaTrader 5 ‣ MT5 Expert Advisors ‣ Volume trader – EA MetaTrader 5
Volume trader - expert for MetaTrader 5

Volume trader – EA MetaTrader 5

by

Idea by: Scriptor.

MQL5 code by: Vladimir Karputov.

The EA only operates when a new bar appears: It compares the tick volumes of the first and the second bar. Block for making decisions:

//---
   if(array_volume[1]>array_volume[2])
     {
      ClosePositions(POSITION_TYPE_SELL);
      OpenBuy();
     }

   if(array_volume[1]<array_volume[2])
     {
      ClosePositions(POSITION_TYPE_BUY);
      OpenSell();
     }
  • If the tick volume of the first bar is LARGER than that of the second bar, then you should CLOSE your Sell positions and open a Buy position;
  • If the tick volume of the first bar is SMALLER than that of the second bar, then you should CLOSE your Buy positions and open a Sell position;

Running the EA on H1 for all symbols (since the EA only operates when a new bar appears, it was launched in the “OHLC mode on M1):

Symbol Pass Result Profit Expected Payoff Profit Factor Recovery Factor Sharpe Ratio Custom Equity DD % Trades
EURGBP 8 4,709.76 1,709.76 1.03 1.06 0.83 0.02 0 67.05 1,666
EURUSD 1 3,445.02 445.02 0.28 1.02 0.23 0.02 0 39.87 1,607
EURJPY 7 2,949.86 -50.14 -0.03 1.00 -0.02 0.02 0 90.27 1,561
USDJPY 5 2,318.50 -681.50 -0.42 0.97 -0.21 0.01 0 75.64 1,606
GBPUSD 2 128.04 -2,871.96 -3.19 0.85 -0.59 -0.05 0 97.46 900
EURCHF 6 102.93 -2,897.07 -5.03 0.44 -0.96 -0.14 0 96.97 576
EURCAD 9 90.06 -2,909.94 -11.50 0.53 -1.00 -0.12 0 97.26 253
USDCHF 0 84.60 -2,915.40 -8.19 0.58 -0.98 -0.16 0 97.58 356
GBPJPY 11 74.40 -2,925.60 -5.98 0.81 -0.88 -0.02 0 97.99 489
AUDJPY 12 70.44 -2,929.56 -4.47 0.76 -0.83 -0.03 0 98.32 656
GBPCHF 10 69.53 -2,930.47 -12.69 0.57 -0.76 -0.18 0 98.30 231
AUDUSD 4 68.15 -2,931.85 -3.06 0.76 -0.83 -0.04 0 98.55 957
USDCAD 3 -88.32 -3,088.32 -4.11 0.77 -0.83 -0.05 0 112.21 751
Alternative:   XEnvelopes_Digit_Grid - indicator MetaTrader 5


Volume trader – expert for MetaTrader 5
📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks

Similar MetaTrader Trading Tools:

  • MetaCOT 2 CFTC ToolBox (Set of Indicators) MT4 - indicator for MetaTrader 4
    MetaCOT 2 CFTC ToolBox (Set of…     Contents GENERAL PROVISIONS Brief description Installing the libraries and indicators Several indicators in one window Exporting CFTC reports to CSV…
  • MQL Plus Enhanced Debugging Support - library for MetaTrader 5
    MQL Plus Enhanced Debugging…     Features Features three domains of functionality. - Debugging, Tracing and Performance measurments - Simple to use "Print any variable" to…
  • Fig. 1. "Morning Star" and "Morning Doji Star" candlestick patterns
    MQL5 Wizard - Trade Signals…     The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal…
  • Fig. 1. "Morning Star" and "Morning Doji Star" candlestick patterns
    MQL5 Wizard - Trade Signals…     The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal…
  • Fig. 1. "Morning Star" and "Morning Doji Star" candlestick patterns
    MQL5 Wizard - Trade Signals…     The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal…
  • Figure 1. "Morning Star" and "Morning Doji Star" candlestick patterns
    MQL5 Wizard - Trade Signals…     The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal…
  • The MACD Sample Expert Advisor
    MACD Sample - EA MetaTrader 5     The MACD Sample EA is included in the standard pack of the MetaTrader 5 client terminal and is an example…
  • Fig. 1. "Bullish Harami" candlestick pattern
    MQL5 Wizard - Trade Signals…     The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal…