If you're looking to enhance your trading game, the Exp_TSI_WPR is an Expert Advisor (EA) worth considering. This EA operates based on the signals produced by the TSI_WPR oscillator, which is a powerful tool for traders.
The magic happens when a bar closes and there's a shift in the cloud color of the indicator, signaling potential trading opportunities. To ensure the EA runs smoothly, you’ll need to place the compiled indicator file TSI_WPR.ex5 in your terminal's data folder under MQL5\Indicators.
It’s important to note that the TradeAlgorithms.mqh library file is essential for using EAs with brokers that offer a nonzero spread. This library also allows you to set your Stop Loss and Take Profit when opening positions. You can grab more variants of this library here.
During the tests shown below, the default input parameters for the EA were utilized, with no Stop Loss or Take Profit settings applied.
Fig. 1 The instances of history of deals on the chart.
Let’s take a look at the testing results for 2013 on the XAUUSD H4 timeframe:
Fig. 2. Chart of testing results
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