Hey fellow traders! Today, I want to introduce you to a game-changing trading system that utilizes the Candles_Smoothed indicator. This powerful tool generates signals for trading right at the close of a bar, giving you a clear edge when the breakthrough level exceeds the high or dips below the low of the indicator's candlestick.
To get started, simply place the Candles_Smoothed.ex5 file into your terminal's data folder under MQL5/Indicators. This setup is essential for the EA to work flawlessly.
For the tests I've conducted (which you can see below), I used the default input parameters of the Expert Advisor. It's worth noting that neither Stop Loss nor Take Profit settings were applied during these tests.
Fig. 1. Trading history instances on the chart.
Now, let’s dive into the testing results for 2011 with the USDCHF on the H4 timeframe:
Fig. 2. Chart showcasing testing results.
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