If you're looking to enhance your trading game, the UltraFatl oscillator might just be the tool you need. This trading system for MetaTrader 5 generates signals based on color changes in the bars, which indicates when it’s time to make a move. Essentially, a signal to enter a trade is formed at the closing of a bar, especially when it shifts from various shades of red or green. Exiting the trades can be done either through a pending order or when the bar indicator changes color.
To get started, simply place the UltraFatl .ex5 compiled file into your terminal data folder at MQL5/Indicators.
During the tests detailed below, default parameters for the Expert Advisor were used—note that neither Stop Loss nor Take Profit settings were applied during the testing phase.
Fig. 1. The instances of history of deals in the chart.
Here are the testing results for 2011 using the USDCHF pair on the H4 timeframe:
Fig. 2. Chart of testing results
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