Module of Trade Signals, Based on T3 Indicator - library for MetaTrader 5

The signals are formed at completed bars. T3 indicator is used as a custom indicator for module of trade signals.

The downward crossover of moving average is a signal to open a long position, the upward crossover of moving average is a signal to open short position.

The following input parameters were used when testing:

• T3Period: 14;
• b_: 70;
• Other input parameters: default;
• Symbol: GBPUSD;
• Lot: 0.1;
• Stop Loss, Take Profit, Trailing Stop: not used
  

To use this module of trade signals in MQL5 Wizard, the basedonindicatorexpertsignal.mqh and t3signal.mqh files must be placed to terminal_data_folder\MQL5\Include\Expert\MySignals. The module uses T3 indicator, the t3.mq5 file must be placed to terminal_data_folder\MQL5\Indicators. The smoothalgorithms.mqh library must be placed to terminal_data_folder\MQL5\Include.

Trade signals, based on T3 indicator

History backtesing results (01.01.2011, GBPUSD M15):

History backtesting of strategy, based on T3 indicator (GBPUSD, M15)

Hourly:

History backtesting of strategy, based on T3 indicator (GBPUSD, H1)

Daily:

History backtesting of strategy, based on T3 indicator (GBPUSD, Daily)