If you’re looking to enhance your trading game, the Exp_OsHMA Expert Advisor might just be what you need. This EA operates based on signals derived from the OsHMA histogram, making it a valuable tool for traders who want to capitalize on market movements.
A trading signal is generated at the close of a bar when there’s a breakthrough at the zero level of the OsHMA histogram or when the histogram changes direction. This is dependent on the mode selected in the input parameters.
To get started, simply place the OsHMA.ex5 compiled file in your terminal_data_folder\MQL5\Indicators directory.
The tests below utilized the default input parameters for the Expert Advisor, and it's worth noting that neither Stop Loss nor Take Profit settings were applied during these tests.
Fig. 1. The instances of history of deals in the chart.
Now, let’s dive into the testing results from 2011 for the NZD/USD on the H4 timeframe:
Fig. 2. Chart of testing results
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