If you're looking to elevate your trading game, the Exp_ColorJSatl_Digit Expert Advisor (EA) is worth your attention. This EA operates based on the ColorJSatl_Digit indicator, utilizing color changes to generate trading signals when a bar closes.
To get started, you'll need to ensure you have the compiled indicator file, ColorJSatl_Digit.ex5, in your trading arsenal. Simply place it in the terminal_data_folder/MQL5/Indicators directory of your MetaTrader 5 setup.
It's important to note that the TradeAlgorithms.mqh library file is a game-changer. It enables you to use Expert Advisors with brokers that offer a nonzero spread and allows you to set Stop Loss and Take Profit at the same time as opening a position. If you're interested, you can download additional versions of this library here: Trade Algorithms.
During our testing phase, we utilized the default input parameters for the Expert Advisor, and it's worth mentioning that neither Stop Loss nor Take Profit were applied during these tests.
Fig1. Examples of deals on the chart
Let's dive into the testing results from 2015 for the GBPUSD on the H4 timeframe:
Fig.2. Chart of testing results
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