If you're diving into automated trading, you might want to check out the DiNapoli Stochastic Expert Advisor. This handy tool operates based on the signals generated by the DiNapoli Stochastic oscillator, which can help you make more informed trading decisions.
The magic happens when a bar closes, and you see the crossing of the indicator's main and signal lines. This is your cue to potentially enter or exit trades.
To get started, make sure you have the DiNapoliStochastic.ex5 compiled indicator file. You'll need to drop it into your <terminal_data_folder>\MQL5\Indicators directory to get this EA up and running.
Also, keep in mind that the TradeAlgorithms.mqh library file is essential for using Expert Advisors with brokers that have a nonzero spread. This library allows you to set your Stop Loss and Take Profit levels right when you open a position. You can find more variations of this library by heading over to Trade Algorithms.
For the tests below, we used the default input parameters for this Expert Advisor. Notably, during these tests, we didn't include Stop Loss and Take Profit settings.
Fig.1. Trade examples on the chart
Now, let’s take a look at the testing results for 2014 on the GBPJPY H6:
Fig.2. Testing results chart
Comments 0