Mastering Trading with the Exp_ColorZerolagHLR EA for MetaTrader 5

Mike 2015.10.13 19:16 24 0 0
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Hey there, fellow traders! If you're on the lookout for a powerful tool to enhance your trading strategy, let me introduce you to the Exp_ColorZerolagHLR Expert Advisor. This EA is designed to jump into the market whenever the ColorZerolagHLR indicator cloud flips its color. The magic happens when a bar closes and the oscillator has crossed its signal line, giving you a solid entry point.

To get this Expert Advisor up and running, you'll need the compiled indicator files: ColorZerolagHLR.ex5 and HLR.ex5. Make sure to drop them into your <terminal_data_folder>\MQL5\Indicators directory.

For the tests showcased below, we utilized the default input parameters for the EA. It's worth noting that neither Stop Loss nor Take Profit settings were applied during these tests.

Fig.1. Trade examples on the chart

Fig.1. Trade examples on the chart

Now, let’s take a look at the testing results for 2014, specifically on the GBPJPY H4:

Fig.2. Testing results chart

Fig.2. Testing results chart

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