Harnessing the Exp_RD-TrendTrigger System for Trading Success on MetaTrader 5

Mike 2013.01.17 00:39 23 0 0
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If you’re looking to enhance your trading strategy, the Exp_RD-TrendTrigger system might just be what you need. This trading system leverages the RD-TrendTrigger indicator to identify shifts in trend direction.

You’ll get a trading signal at bar close, which can be triggered in two different ways based on the settings for the Mode Expert Advisor. Here’s how it works:

  1. When the oscillator direction changes;
  2. When the oscillator breaks through levels defined by the input parameters of the Expert Advisor:
    input int HighLevel=+50;
    input int LowLevel=-50;

To get started, simply place the RD-TrendTrigger.ex5 file into your terminal's data folder under MQL5\Indicators.

During the tests shown below, we used the default parameters of the Expert Advisor. Note that we didn’t set any Stop Loss or Take Profit levels during these tests.

Fig. 1. History of trades on the chart.

Fig. 1. History of trades displayed on the chart.

We conducted tests for the year 2011 using the XAUUSD pair on the H4 timeframe. Here are the results:

Fig. 2. Testing results chart

Fig. 2. Chart showcasing the testing results.

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