If you're on the lookout for a reliable trading system, the XWPR_Histogram_Vol indicator might just be what you need. This expert advisor (EA) generates signals based on market movements, particularly when a bar closes after breaking through overbought or oversold levels. Each level has its own dedicated settings, including unique magic numbers and sizes for breakthroughs.
input uint Magic1=555; // Magic number for standard signal orders input uint Magic2=777; // Magic number for strong signal orders input double MM1=0.1; // Portion of account equity to trade (standard signal) input double MM2=0.2; // Portion of account equity to trade (strong signal)
To ensure the EA operates smoothly, make sure the compiled XWPR_Histogram_Vol.ex5 file is placed in your <terminal_data_directory>\MQL5\Indicators folder.
The testing showcased below used the default input parameters for the Expert Advisor, and it’s important to note that Stop Loss and Take Profit settings were not incorporated during these tests.
Fig. 1. Examples of trades on the chart
Here are the testing results from 2017 for the EURJPY on the H4 timeframe:
Fig. 2. Test results chart
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