If you’re looking to take your trading game to the next level, the Exp_Dots Expert Advisor might just be what you need. This trading system leverages the signals from the Dots indicator, providing you with timely insights. The magic happens when a bar closes and there’s a color change in the indicator’s signal points.
To get started, you’ll need the compiled indicator file Dots.ex5. Make sure to place it in your <terminal_data_folder>\MQL5\Indicators directory for the EA to function properly.
One of the standout features of this EA is its compatibility with brokers that offer a nonzero spread. Thanks to the TradeAlgorithms.mqh library file, you can also set your Stop Loss and Take Profit right alongside opening a position. If you're interested in exploring more library options, check out this link: Trade Algorithms.
The testing conducted below used the default input parameters of the Expert Advisor, without incorporating Stop Loss or Take Profit during the trials.
Fig. 1. Trade examples on the chart
Let’s dive into the testing results for 2014 on the USDJPY H4 timeframe:
Fig. 2. Chart of testing results
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