If you're looking to elevate your trading game, the Exp_Laguerre_ADX Expert Advisor is worth checking out. This EA leverages the power of the Laguerre_ADX indicator, specifically focusing on its color changes to signal potential trading opportunities. A deal is triggered at the close of the bar when the indicator's cloud color shifts.
To get started, you'll need the compiled indicator file Laguerre_ADX.ex5. Make sure you place this file in your <terminal_data_folder>\MQL5\Indicators directory.
One thing to note: the TradeAlgorithms.mqh library file is essential for using this EA with brokers that offer nonzero spreads. This library also allows you to set your Stop Loss and Take Profit levels right when you open a position. You can find more variations of this library by clicking here: Trade Algorithms.
During the tests I've conducted, I've used the default input parameters for the Expert Advisor. Interestingly, neither Stop Loss nor Take Profit was applied in these tests.
Fig.1. Examples of deals on the chart
Here are the testing results for 2014 on the USDJPY at the H4 timeframe:
Fig.2. Testing results chart
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