Welcome fellow traders! Today, we're diving into a trading system that utilizes the BlauCSI oscillator. This tool can really enhance your trading game.
So, how does it work? A trade signal is generated when the histogram flips direction or crosses the zero line. You can tweak your entry strategy by adjusting the following input parameter:
input AlgMode Mode=twist; //the algorithm to enter the market
To get your EA running smoothly, make sure to place the compiled indicator file BBlauCSI.ex5 in your terminal_data_folder\MQL5\Indicators directory.
Keep in mind that the TradeAlgorithms.mqh library is tailored for brokers that offer a nonzero spread and allow you to set Stop Loss and Take Profit when opening a position. If you need alternative versions of this library, you can download them from Trade Algorithms.
The default input parameters for the Expert Advisor were used in the tests shown below. Notably, Stop Loss and Take Profit weren't implemented during these tests.
Fig. 1. The instances of history of deals on the chart
Now, let's take a look at the testing results for 2012 on the GBPUSD H4:
Fig. 2. Chart of testing results
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