If you're looking to up your trading game, look no further than the Exp_Go system, designed specifically for MetaTrader 5. This trading strategy relies on signals generated by the Go indicator, triggering trades based on color changes in the indicator bars. When the bars flip from red to green or vice versa, that’s your cue to make a move!
To get started, you’ll need the compiled indicator file, Go.ex5. Make sure to save it to your <terminal_data_folder>\MQL5\Indicators directory for seamless operation.
One handy feature of the Exp_Go EA is its compatibility with the TradeAlgorithms.mqh library. This means you can work with brokers that offer a nonzero spread and set your Stop Loss and Take Profit levels right when you open a position. You can explore more options from this library at this link: Trade Algorithms.
The default input parameters for the EA were utilized during our tests, which you can check out below. Notably, Stop Loss and Take Profit were not applied in these tests.
Fig. 1. Examples of trades on the chart
Here are the testing results from 2015, focusing on the GBPJPY H1:
Fig. 2. Chart of testing results
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