Unlocking the Ozymandias EA: Your Guide to Trading Success on MetaTrader 5

Mike 2015.04.10 23:13 34 0 0
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If you're looking to level up your trading game, the Ozymandias trading system might just be your best bet. This innovative trading strategy utilizes the Ozymandias indicator to help you make informed trading decisions.

So, how does it work? Simple! A trade signal is generated whenever the middle line of the indicator changes color, giving you a clear cue to act.

To get started, you'll need the compiled file Ozymandias.ex5. Just drop it into your <terminal_data_folder>\MQL5\Indicators directory, and you’re ready to roll!

For those keen on maximizing their trading potential, the TradeAlgorithms.mqh library is a game changer. It allows the use of Expert Advisors with brokers offering non-zero spreads and even lets you set your Stop Loss and Take Profit when opening a position. You can grab additional variants of this library here: TradeAlgorithms.

In our tests, we used the default input parameters for the Expert Advisor, and it's worth noting that we didn’t apply Stop Loss or Take Profit during these tests.

Fig. 1. Examples of deals on the chart

Fig. 1. Examples of deals on the chart

Let’s take a look at the testing results from 2014 on the GBPJPY pair using the H4 timeframe:

Fig. 2. Testing results chart

Fig. 2. Testing results chart

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