If you’re looking to take your trading to the next level, the Exp_Fisher_org_v1 EA could be your new best friend. This Expert Advisor operates on signals generated by the Fisher_org_v1 oscillator. The magic happens when a bar closes, creating a signal through the crossing of the main and signal lines, along with a shift in the indicator cloud color.
To get started, you'll need the compiled indicator file Fisher_org_v1.ex5. Just drop it into your <terminal_data_folder>\MQL5\Indicators directory, and you’re good to go!
One thing to keep in mind is that the TradeAlgorithms.mqh library file is essential for using Expert Advisors with brokers that offer nonzero spreads. This library also allows you to set your Stop Loss and Take Profit right when you open a position. If you want to explore more options, check out additional variants of the library here: Trade Algorithms.
The testing we've done for the default settings of this Expert Advisor didn't use any Stop Loss or Take Profit, which might be something to consider as you dive in.
Fig. 1. The instances of history of deals on the chart.
Now, let’s take a look at the testing results for 2015 on the USDCHF H12:
Fig. 2. Testing results chart
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