Hey fellow traders! Today, I want to dive into an exciting trading system that many of you might find useful—the Exp_MaRsi-Trigger Expert Advisor for MetaTrader 5. This EA operates based on the MaRsi-Trigger indicator, which identifies three distinct market states, helping us make informed trading decisions.
So, how does it work? The magic happens when a bar closes and the indicator signals a change in trend direction. This is where the EA shines! Instead of relying on the MaRsi-Trigger indicator itself for trading signals, the EA utilizes a combination of initial technical indicators. The ColorMaRsi-Trigger is only activated for visualization purposes when testing the system, streamlining the process and making it more efficient.
Fig. 1. The instances of history of deals in the chart.
Now, let's take a peek at some testing results for the year 2011 with the USDCHF on the H4 timeframe:
Fig. 2. Chart of testing results
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