If you're on the lookout for a solid trading tool, check out the Candels High Open indicator and its companion, the SignalCandelsHighOpen signals module. Together, they form the backbone of the CandelsHighOpen Expert Advisor (EA).
The CandelsHighOpen EA leverages the trading signals from the Candels High Open indicator. Built using the MQL5 wizard, this EA is designed to handle both market and pending orders while incorporating a trailing stop based on the Parabolic SAR. It's a versatile tool that can fit right into your trading strategy.
To compile the EA, you'll need the SignalCandelsHighOpen trading signals module and the Candels High Open indicator. These components work in harmony to enhance your trading experience.
The CandelsHighOpen EA was tested in "Every tick based on real ticks" mode on the AUDUSD pair, from January 1, 2016, to November 6, 2016, with an initial deposit of $10,000. For the first test run, the "Reverse signals" setting was set to false:
In the second run, the "Reverse signals" option was enabled:
Throughout the tests, all EA parameters remained at their default settings, with no optimization applied. This gives you a baseline to evaluate its performance right out of the box.
Comments 0