Looking to elevate your trading game? The Exp_Simple_Trading_System Expert Advisor is here to help! It's designed around the signals generated by the Simple_Trading_System semaphore arrow signal indicator.
This nifty EA kicks into gear when a bar closes and a colored arrow appears, giving you the signals you need to make informed trades.
To get started, you’ll need the compiled indicator file simple_trading_system.ex5. Make sure to drop it into your <terminal_data_folder>\MQL5\Indicators directory.
A heads-up: the TradeAlgorithms.mqh library file allows you to use Expert Advisors with brokers that feature nonzero spreads. Plus, you can set your Stop Loss and Take Profit right when you open a position. If you're keen on exploring more library variants, check out this link: Trade Algorithms.
The default input parameters for the Expert Advisor were utilized during the tests below, and it’s worth noting that Stop Loss and Take Profit weren’t applied in these tests.
Fig. 1. Examples of deals on the chart
Now, let’s dive into the testing results for 2014 using the USDJPY on the H6 timeframe:
Fig. 2. Testing results chart
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