Are you ready to elevate your trading game? Let me introduce you to the Exp_TMA, a cutting-edge trading system that leverages the powerful TMA indicator. This system generates trade signals when the bar closes, pinpointing breakouts from a channel defined by two TMA Moving Averages. These averages are spaced apart based on input parameters called UpLevel (for long breakouts) and DnLevel (for short breakouts).
To get started, simply download the TMA.ex5 file and place it in your terminal's data folder under MQL5/Indicators.
For the tests shown below, we utilized the default input parameters of the Expert Advisor. Notably, we did not incorporate Stop Loss or Take Profit settings during these tests.
Fig. 1. The instances of history of deals on the chart.
Now, let’s dive into the testing results for 2011 using the USDCHF pair on the H4 timeframe:
Fig. 2. Chart of testing results
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