If you're looking to enhance your trading game, the Exp_BrakeExp Expert Advisor might just be the tool you need. This EA utilizes signals from the BrakeExp semaphore, a trend indicator that can help you identify potential reversals in the market.
The magic happens when a bar closes, and you notice the indicator changes color, accompanied by a significant color dot. That’s your cue!
To get started, simply place the BrakeExp.ex5 file into your terminal_data_folder\MQL5\Indicators. This setup is straightforward, making it accessible for both novice and seasoned traders alike.
In our tests, we utilized the default input parameters for the EA, and it’s worth noting that neither Stop Loss nor Take Profit was applied during these trials.
Fig. 1. The instances of history of deals on the chart.
Looking at the testing results for 2011 on the USDCHF H4 pair, you’ll find some intriguing insights:
Fig. 2. Charts of testing results
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