Are you ready to elevate your trading game? Let’s dive into the SilverTrend_CrazyChart trading system, which is designed to help you make informed decisions based on its powerful indicator signals.
This system generates signals based on the closing bars of the chart, specifically when the color of the indicator cloud switches. It’s a straightforward approach that can help you stay ahead of the curve.
To ensure the generated EA runs smoothly, make sure that the compiled SilverTrend_CrazyChart.ex5 file is placed in the <terminal_data_directory\MQL5\Indicators folder. This setup is crucial for the EA to function correctly.
Also, keep in mind that the library file TradeAlgorithms.mqh is tailored for using EAs with brokers that offer a nonzero spread. It allows you to set both Stop Loss and Take Profit simultaneously when opening a position. If you’re looking for other versions of this library, feel free to check out Trade Algorithms.
In the tests below, we used the default input parameters for the EA, and it’s worth noting that we didn’t apply Stop Loss or Take Profit during testing.
Fig. 1. Example trades on the chart
Here’s a look at the test results for GBPJPY on the H4 timeframe over the year 2016:
Fig. 2. Testing results chart
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