Are you looking to enhance your trading strategy? The Exp_2MoHLC could be just what you need! This Expert Advisor leverages signals from the 2MoHLC indicator to help you make informed trading decisions.
How does it work? A trading signal is generated at the close of a bar when the zero level is breached, the cloud color shifts, or when the cloud price breaks through—this depends on the input parameter settings of the EA.
To get started, simply place the compiled file 2MoHLC_.ex5 into your terminal data folder, specifically in MQL5\\Indicators.
During the tests detailed below, default input parameters were utilized, and it’s worth noting that neither Stop Loss nor Take Profit were applied in these scenarios.
Fig. 1. The instances of history of deals in the chart.
Now, let’s dive into the testing results for 2011, focusing on the USDCHF pair on the H4 timeframe:
Fig. 2. Charts of testing results
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