Exp Adaptive CG Oscillator X2
This is a powerful addition to your MetaTrader 5 toolkit designed to optimize market analysis and performance. This Expert Advisor serves as automated trading software. It is utilized to monitor financial markets and execute trades based on predefined algorithmic rules, enabling precise position management without the need for constant manual oversight.
How to Setup and Use Exp Adaptive CG Oscillator X2
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
Description & Settings
The Exp_AdaptiveCGOscillator_X2 trend trading system based on the signals from two indicators. The first indicator determines the direction of the slow trend based on the position of the main and signal lines. The second indicator determines the moment for opening a trade, when the lines are crossed or touched. The signal is formed when a bar is closing if two conditions are met:
Signals of the fast and slow trend match;
Direction of the fast trend has changed.
Input parameters for the Expert Advisor://+-------------------------------------------------+//| Input parameters of the EA indicator |//+-------------------------------------------------+input string Trade="Trade management"; //+============== TRADE MANAGEMENT ==============+ input double MM=0.1; //Share of a deposit in a dealinput MarginMode MMMode=LOT; //lot value detection methodinput uint StopLoss_=1000; //Stop Loss in pointsinput uint TakeProfit_=2000; //Take Profit in pointsinput string MustTrade="Trade permissions"; //+============== TRADE PERMISSION ==============+ input int Deviation_=10; //max. price deviation in pointsinput bool BuyPosOpen=true; //Permission to enter long positioninput bool SellPosOpen=true; //Permission to enter short position//+-------------------------------------------------+//| Input parameters of the filter indicator |//+-------------------------------------------------+input string Filter="PARAMETERS FOR SLOW TREND"; //+============== PARAMETERS FOR SLOW TREND ==============+ input ENUM_TIMEFRAMES TimeFrame=PERIOD_H6; //1 Chart period for the trendinput double Alpha=0.07;// indicator smoothing ratioinput uint SignalBar=1; //bar index for getting an entry signalinput bool BuyPosClose=true; //Permission to exit long positions by trendinput bool SellPosClose=true; //Permission to exit short positions by trend//+-------------------------------------------------+//| Input parameters of the entry indicator |//+-------------------------------------------------+input string Input="ENTRY PARAMETERS"; //+=============== ENTRY PARAMETERS ===============+ input ENUM_TIMEFRAMES TimeFrame_=PERIOD_M30; //2 Chart period for the entryinput double Alpha_=0.07;// indicator smoothing ratioinput uint SignalBar_=1;//bar index for getting an entry signalinput bool BuyPosClose_=false; //Permission to exit long positions by signalinput bool SellPosClose_=false; //Permission to exit short positions by signal//+-------------------------------------------------+
String parameters with text in the code of input parameters are only for better visualization of the input parametera window of the expert.
The AdaptiveCGOscillator_Cloud_HTF indicators in the EA are intended only for a more convenient visualization of trends in the strategy tester, in other operation modes they are inactive.
Place AdaptiveCGOscillator.ex5, CyclePeriod.ex5 and AdaptiveCGOscillator_Cloud_HTF.ex5 compiled files to the <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: .
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.
Fig. 1. Examples of deals on the chart
Testing results for 2015 on EURUSD, slow trend on H6, entry by fast trend on M30:
Fig. 2. Chart of testing results
