Hey traders! If you're looking to enhance your trading strategy, the Exp_CoppockHist EA is a game changer. This Expert Advisor focuses on the reversal of the CoppockHist oscillator direction, providing you with timely signals based on market shifts.
To get started with this EA, you'll need the compiled indicator file CoppockHist.ex5. Make sure to drop it into your <terminal_data_folder>\MQL5\Indicators directory for it to work smoothly.
One key feature of this EA is its compatibility with brokers that offer a nonzero spread. Plus, it allows you to set your Stop Loss and Take Profit right when you're opening a position. If you're interested in more tools, you can check out additional variants of the Trade Algorithms library.
The tests conducted below used the default input parameters for the Expert Advisor, and keep in mind that Stop Loss and Take Profit were not applied during these tests.
Fig.1. Trade examples on the chart
Now, let’s take a look at the testing results for the year 2014 on the GBPJPY H8:
Fig.2. Testing results chart
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