If you're looking to enhance your trading game, the NonLagDot indicator is a must-have. This trading system generates signals based on the color change of the indicator when a bar closes, giving you a clear entry point.
To get started, you'll need the compiled indicator file, NonLagDot.ex5. Make sure to save it in your <terminal_data_folder>\MQL5\Indicators directory.
One important thing to note is that the TradeAlgorithms.mqh library file is essential for using Expert Advisors (EAs) with brokers offering nonzero spreads. This library also allows you to set Stop Loss and Take Profit levels right at the moment of opening a position. You can find more variations of this library by following this link: Trade Algorithms.
The testing results below are based on the default input parameters for the Expert Advisor, and neither Stop Loss nor Take Profit was utilized during these tests.
Fig. 1. Examples of trades on the chart
Here are the testing results for the year 2015 using the EURUSD pair on the H4 timeframe:
Fig. 2. Chart of testing results
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