If you're looking to elevate your trading game, the Exp_PFE trading system is definitely worth your attention. Built on the signals generated by the PFE oscillator, this system signals a change in market direction when a bar closes, giving you the edge you need to make informed decisions.
To get started with this Expert Advisor (EA), make sure you have the compiled indicator file PFE.ex5. Simply place it in your <terminal_data_folder>\MQL5\Indicators directory to ensure everything runs smoothly.
One of the standout features of the Exp_PFE is its compatibility with brokers that offer nonzero spreads. Thanks to the TradeAlgorithms.mqh library, you can set your Stop Loss and Take Profit levels right when you open a position. This is a game changer for many traders! If you're interested in exploring more options, check out additional versions of the library here: Trade Algorithms.
The results below are based on tests using the default input parameters of the EA, without employing Stop Loss or Take Profit settings during the evaluation.
Fig. 1. Historical deal instances on the chart.
Here are the testing results from 2015 for the EURUSD on the H6 timeframe:
Fig. 2. Testing results chart
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