Welcome, fellow traders! Today, we're diving into a powerful trading system based on the Bezier_StDev indicator. This system generates signals right at the close of a bar when a color point appears on the indicator—making it a handy tool for your trading strategy.
To get started, you'll need the compiled indicator file, Bezier_StDev.ex5. Make sure to save it in your <terminal_data_folder>\MQL5\Indicators directory to ensure it works seamlessly.
One key feature of this Expert Advisor is its compatibility with brokers offering non-zero spreads. Plus, it allows you to set your Stop Loss and Take Profit right when opening a position. For more variations of trading techniques, check out the Trade Algorithms library.
During our tests (which you can see below), we used the default input parameters for the Expert Advisor. For these tests, we didn't apply Stop Loss or Take Profit, focusing solely on the raw potential of the Bezier_StDev system.
Fig. 1. Examples of trades on the chart
Here's a snapshot of our testing results for 2015 on the EURJPY H4 time frame:
Fig. 2. Charts of testing results
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