If you're looking to boost your trading strategy, the XPeriod Candle System could be just what you need. This innovative trading system provides signals with the added feature of setting a fixed holding time for your positions. The magic happens when a bar closes after a channel breakout, giving you the perfect entry point.
input bool TimeTrade=true; // Enable position exit based on time input uint nTime=960; // Position holding time in minutes
This Expert Advisor relies on the compiled indicator file XPeriodCandleSystem.ex5 for its operation. Make sure to place it in your <terminal_data_folder>\MQL5\Indicators directory.
The default input parameters were utilized during the tests showcased below, offering a clear picture of its performance.
Fig. 1. Examples of trades on the chart
Here are the testing results for USD/JPY on the H4 timeframe for the year 2017:
Fig. 2. Testing results chart
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