The Exp_MovingAverage_FN is designed to help traders identify market trends by utilizing the universal Moving Average_FN. This indicator generates a trading signal when the Moving Average shifts direction at the close of a bar, making it a crucial tool for your trading strategy.
To get started, simply place the MovingAverage_FN.ex5 compiled file into your terminal’s data folder located at MQL5\Indicators.
The tests outlined below were conducted using the default input parameters for this Expert Advisor. Notably, both Stop Loss and Take Profit levels were not applied during these tests.
Fig. 1. The instances of history of deals on the chart
Here are the testing results for the year 2011 using the USDCHF on the H4 timeframe:
Fig. 2. Chart of testing results
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