If you're diving into trading with MetaTrader 5, let me introduce you to Exp_BinaryWave, a game-changing EA that leverages signals from the BinaryWave integral oscillator. This EA generates trading signals when a bar closes—either through a breakthrough at the zero level or a shift in the direction of the Moving Average, depending on the settings you choose in the input parameter Mode.
To get started, simply place the BinaryWave.ex5 compiled file into your terminal_data_folder\MQL5\Indicators. It’s as easy as pie!
For the results showcased below, we used the default input parameters for the Expert Advisor. Notably, we didn’t incorporate Stop Loss or Take Profit during testing, so keep that in mind when evaluating the performance.
Fig. 1. The instances of history of deals on the chart.
Now, let’s look at the testing results for 2011 on the USDCHF H4:
Fig. 2. Charts of testing results
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