If you're looking to enhance your trading game, the Exp_EMA_Prediction Expert Advisor is a solid choice. This EA leverages signals generated by the EMA_Prediction semaphore signal indicator to help you make informed trading decisions.
So, how does it work? A trading signal is triggered when a bar closes and a new colored indicator arrow pops up. It’s pretty straightforward, making it user-friendly for traders at all levels.
To get started, you'll need the EMA_Prediction.ex5 compiled indicator file. Just drop it into your <terminal_data_folder>\MQL5\Indicators directory, and you're all set!
One cool feature of this EA is that it works with brokers offering nonzero spreads. Plus, it allows you to set your Stop Loss and Take Profit right when you open a position. If you need more options, you can grab additional versions of the TradeAlgorithms.mqh library here: Trade Algorithms.
During testing, we utilized the default input parameters for the Expert Advisor. Notably, no Stop Loss or Take Profit settings were applied in these tests.
Fig.1. Trade examples on the chart
Here are the testing results for 2014 on the GBPJPY H6:
Fig.2. Testing results chart
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