Hey traders! Today, I want to introduce you to the Exp_i_Trend Expert Advisor, a powerful tool for MetaTrader 5 that leverages signals from the i_Trend oscillator. This EA is designed to kick into action when a bar closes and there’s a shift in the cloud color of the indicator.
To get started, make sure you have the CronexCCI.ex5 indicator file handy. You’ll need to drop it into your terminal data folder at <terminal_data_folder>\MQL5\Indicators.
One thing to keep in mind is that the TradeAlgorithms.mqh library file is essential for using EAs with brokers that offer a non-zero spread. This library also lets you set both Stop Loss and Take Profit at the same time as you open your positions. If you’re interested, you can check out more options for this library here: Trade Algorithms.
For the tests I ran, I used the default input parameters for the Expert Advisor, and just a heads up—no Stop Loss or Take Profit was applied during these tests.
Fig.1. Trade examples on the chart
Let’s take a look at the testing results for 2014 on the GBPJPY H4:
Fig.2. Testing results chart
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