Hey traders! If you're looking to up your trading game, let me introduce you to the Exp_i-CAi Expert Advisor. This nifty tool is designed to react to changes in the direction of the i-CAi indicator, giving you signals when a bar closes and there's a shift in the Moving Average direction.
To get started, you'll need the compiled indicator file i-CAi.ex5. Just drop it into your <terminal_data_folder>\MQL5\Indicators folder, and you'll be good to go!
One of the cool features of this Expert Advisor is that it works seamlessly with brokers offering nonzero spreads. Plus, it lets you set your Stop Loss and Take Profit right when you're opening a position. If you're interested, you can grab more variants of the TradeAlgorithms.mqh library right here: Trade Algorithms.
For the tests shown below, we used the default input parameters of the Expert Advisor. Keep in mind that neither Stop Loss nor Take Profit was applied during these tests.
Fig.1. The instances of history of deals on the chart.
Now, let’s dive into the testing results for 2015 on the EURJPY H4 timeframe:
Fig.2. Testing results chart
Comments 0