If you're looking to step up your trading game, the UltraAbsolutelyNoLagLwma trading system could be your new best friend. This system uses a unique oscillator to generate signals right when a bar closes. Whenever the oscillator switches colors—from one of the many red or green variations to the opposite—it's time to take action!
Now, how does it work? The positions can be closed either through pending orders or simply when the color of the indicator bar changes. It’s all about staying alert and making the right moves!
For the Expert Advisor (EA) to run smoothly, make sure you have the compiled UltraAbsolutelyNoLagLwma.ex5 indicator file stored in your <terminal_data_folder>\MQL5\Indicators folder.
During the tests that follow, we stuck to the default parameters set for the Expert Advisor. Notably, we didn’t employ Stop Loss or Take Profit settings during these tests, allowing for a clearer view of the system's performance.
Fig. 1. Examples of deals on the chart
For those interested in the nitty-gritty, here are the testing results for 2016, specifically for GBPUSD on the H4 timeframe:
Fig. 2. Testing results chart
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