Hey there, fellow traders! Today, I want to introduce you to the Exp_FineTuningMA Expert Advisor, a powerful tool designed for MetaTrader 5 that can really help you fine-tune your trading strategy.
This EA operates on the principle of FineTuningMA, utilizing the reversal direction of the moving average to generate signals. Essentially, it gives you a nudge when a bar closes and there's a shift in the indicator's direction. Pretty neat, right?
Before you dive in, make sure you have the compiled indicator file FineTuningMA.ex5 ready to go. You'll need to drop it into your <terminal_data_folder>\MQL5\Indicators directory to ensure the EA runs smoothly.
One handy feature of this EA is its compatibility with brokers offering nonzero spreads. Plus, it allows you to set Stop Loss and Take Profit levels right when you open a position. If you want to explore more options, check out the Trade Algorithms library for additional variants.
During our tests, we used the default input parameters for the Expert Advisor, and it's worth noting that we didn't implement Stop Loss or Take Profit during these trials.
Fig.1. Trade examples on the chart
Now, let’s take a look at the testing results for 2014 on the GBPJPY H4 timeframe:
Fig.2. Testing results chart
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