If you're looking for a reliable trading tool, the Exp_Ichimoku_Osc Expert Advisor (EA) could be just what you need. This EA is designed around the reversal signals of the Ichimoku Oscillator. It generates signals based on the closing of bars and any shifts in the indicator's direction.
Before you dive in, make sure you have the necessary compiled indicator files, Ichimoku_Osc.ex5 and Ichimoku_Calc.ex5. Place these files in your <terminal_data_folder>\MQL5\Indicators directory to get started.
It’s worth noting that the TradeAlgorithms.mqh library file is essential for using EAs with brokers that offer a non-zero spread. This library also supports setting Stop Loss and Take Profit simultaneously when opening positions. You can explore more variants of this library by visiting: Trade Algorithms.
The default input parameters for the Expert Advisor were utilized during the testing phase outlined below. Notably, the tests were conducted without implementing Stop Loss or Take Profit.
Fig.1. Trade examples on the chart
Here are the testing results from 2014 using the GBPJPY on the H12 timeframe:
Fig.2. Testing results chart
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