If you're looking to enhance your trading strategy, the Exp_ExchangePrice EA is a game changer. This expert advisor leverages the signals from the ExchangePrice trend indicator to help you make informed trading decisions.
The magic happens when a bar closes and the cloud color of the indicator changes, signaling a potential trading opportunity. To get started, make sure you place the compiled indicator file ExchangePrice.ex5 in your terminal's data folder under MQL5\Indicators.
It's important to note that the TradeAlgorithms.mqh library file enables the use of expert advisors with brokers offering nonzero spreads. Plus, it allows you to set your Stop Loss and Take Profit levels right when you open a position. You can explore more versions of this library by visiting this link: Trade Algorithms.
During the tests outlined below, we utilized the default input parameters for the expert advisor, and neither Stop Loss nor Take Profit was applied.
Fig. 1 The instances of history of deals on the chart.
Now, let's take a look at the testing results for 2013 on the NZDUSD H8 pair:
Fig. 2. Chart of testing results
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