If you're looking to elevate your trading game, the MAOscillatorHist indicator is a solid choice. This trading system generates buy and sell signals at the close of each bar, triggered by changes in the histogram's direction.
To get started, you'll need the compiled indicator file, MAOscillatorHist.ex5. Make sure to save it in the <terminal_data_folder>\MQL5\Indicators directory.
One handy feature is the TradeAlgorithms.mqh library, which enables you to use Expert Advisors with brokers that offer a non-zero spread. This library also allows for setting Stop Loss and Take Profit right when opening a position. You can explore more options for this library here: Trade Algorithms.
For the tests below, we used the default input parameters of the Expert Advisor, and it’s worth noting that we didn’t include Stop Loss or Take Profit in those tests.
Fig. 1. Examples of trades on the chart
Here are the testing results for 2015 on the AUDUSD H12 timeframe:
Fig. 2. Chart of testing results
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