Mastering the Hans Indicator Cloud System for MetaTrader 5

Mike 2018.12.19 04:18 20 0 0
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The Hans Indicator Cloud System is a robust trading system designed to generate signals when there's a channel breakthrough at the close of a bar. This can be a game-changer for traders looking to capitalize on market movements.

To ensure your Expert Advisor (EA) runs smoothly, make sure the compiled Hans_Indicator_Cloud_System.ex5 file is placed in your <terminal_data_directory>\MQL5\Indicators folder. This is crucial for the EA to function correctly.

This EA is optimized for timeframes no higher than M30:

input ENUM_TIMEFRAMES InpInd_Timeframe=PERIOD_M30;// Hans Indicator Cloud System timeframe

We've used the default input parameters during testing, and the results are promising. Check out the performance below!

Fig. 1. Examples of trades on the chart

Fig. 1. Examples of trades on the chart

Here's a look at the testing results for 2017 on the EURJPY M30:

Fig. 2. Test results chart

Fig. 2. Test results chart

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