If you’re on the lookout for a robust trading system, let me introduce you to the TimeZone Pivots Open System. This nifty tool generates signals based on channel breakthroughs when the bars close, making it a solid choice for traders who want to stay ahead of the game.
To ensure that your EA operates smoothly, make sure the compiled TimeZonePivotsOpenSystem.ex5 file is saved in your <terminal_data_directory>\MQL5\Indicators folder. This is crucial for its functionality.
Keep in mind, this EA is designed to work on timeframes no higher than H1:
input ENUM_TIMEFRAMES InpInd_Timeframe=PERIOD_H1; // TimeZone Pivots Open System indicator timeframe
The default input parameters for the Expert Advisor have been utilized in the tests shown below, so you can see how it performs in action.
Fig. 1. Examples of trades on the chart
During testing on the EURUSD H1 for the year 2017, the results were promising:
Fig. 2. Test results chart
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