Hey there, fellow traders! Today, I want to share some insights on the Exp_Kolier_SuperTrend Expert Advisor, a powerful tool designed for MetaTrader 5. This EA utilizes the SuperTrend indicator, specifically through the crossing of Moving Averages, to help you make informed trading decisions.
When a colored square appears at the bar's close, that's your signal to trade! It’s as simple as that.
To get started, make sure to place the Kolier_SuperTrend.ex5 file in your terminal_data_folder/MQL5/Indicators. This will ensure everything runs smoothly.
During testing, we used the default input parameters for the Expert Advisor, and it’s worth noting that we didn’t apply any Stop Loss or Take Profit settings. This allows us to see the raw performance of the EA.
Fig. 1. Trading history on the chart.
Now, let’s dive into the testing results for the AUDUSD on the H4 timeframe back in 2011:
Fig. 2. Performance results from testing.
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