Are you ready to elevate your trading game? The Laguerre ROC system might just be the tool you need. This trading system is built on the signals generated by the Laguerre_ROC indicator, which can help you identify the perfect moments to enter and exit the market.
The magic happens when a bar closes and triggers a position opening signal. You’ll want to pay close attention when the histogram breaks through the overbought or oversold levels. As for closing your positions, you’ll do so during a breakout of the zero line—keeping you on the right side of the trades!
To get started, you’ll need the compiled indicator file, Laguerre_ROC.ex5. Just drop it into your <terminal_data_folder>\MQL5\Indicators directory, and you’ll be all set!
One thing to note is that the TradeAlgorithms.mqh library is a game-changer. It allows you to use Expert Advisors with brokers that provide nonzero spreads and gives you the flexibility to set Stop Loss and Take Profit right when you open a position. You can find more options for this library here: Trade Algorithms.
In the testing phase, we utilized the default input parameters for the Expert Advisor. Interestingly, we didn’t apply Stop Loss and Take Profit during these tests, so the results you see below reflect that approach.
Fig. 1. Trade examples on the chart
Let’s dive into the testing results from 2014 on the USDJPY H8:
Fig. 2. Chart of testing results
Comments 0