Are you looking to enhance your trading strategy? Let’s dive into the LeManTrendHist Expert Advisor (EA) for MetaTrader 5. This trading system utilizes signals from the LeManTrendHist indicator to help you make informed decisions.
To get started, you’ll need the compiled indicator file, LeManTrendHist.ex5. Be sure to place this file in your <terminal_data_folder>\MQL5\Indicators directory.
One important aspect of this EA is the TradeAlgorithms.mqh library file, which enables you to work with brokers that have a nonzero spread. Furthermore, it allows for the simultaneous setting of Stop Loss and Take Profit when opening a position. If you want more options, check out additional variants of the library here: Trade Algorithms.
In the tests outlined below, the default input parameters of the EA were used, and no Stop Loss or Take Profit settings were employed during these tests.
Fig. 1. Trade examples on the chart
Here are the testing results for 2014 on the USDJPY H4 timeframe:
Fig. 2. Chart of testing results
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