Hey fellow traders! If you're on the lookout for a robust trading solution, let me introduce you to an exciting combination of two powerful systems: SilverTrend_V2 and ColorJFatl_Digit. This dynamic duo is packaged neatly into one Expert Advisor (EA) that can help boost your trading game.
So, how does it work? The EA generates trading signals based on the closing of a bar, and you'll see the trend shift reflected by a change in color from either of the indicators. This means you can quickly identify potential entry points when the market is ripe for the picking!
To get this EA up and running, make sure you have the compiled files for both indicators, SilverTrend_V2.ex5 and ColorJFatl_Digit.ex5, placed in your <terminal_data_directory>\MQL5\Indicators folder. It’s crucial for the EA’s functionality.
The default settings of the EA were used in the tests below, and just a heads up—Stop Loss and Take Profit settings weren’t utilized during testing, so keep that in mind when assessing the results.
Fig 1. Exemplary trades in the chart
Now, let’s dive into the test results for USDCHF on an H6 timeframe over the year 2016:
Fig. 2. Testing results chart
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