If you're looking to step up your trading game, let me introduce you to Exp_XPVT, an exceptional Expert Advisor designed for MetaTrader 5. This EA utilizes signals generated by the XPVT oscillator to help you make informed trading decisions.
The magic happens when a bar closes, and the main and signal lines of the indicator cross each other. This crossing signifies a potential trading opportunity that you won't want to miss!
To get started with the EA, ensure you place the compiled XPVT.ex5 indicator file in your terminal's data folder under MQL5\Indicators. This step is crucial for the EA to function correctly.
A handy feature of the TradeAlgorithms.mqh library file is that it allows you to use Expert Advisors with brokers who offer nonzero spreads. Plus, you can set your Stop Loss and Take Profit as you open a position. If you're interested in more variations of this library, check out this link: Trade Algorithms.
It's worth noting that during the tests I conducted, I utilized the default input parameters for the Expert Advisor. Interestingly, neither Stop Loss nor Take Profit settings were applied during these tests.
Fig. 1 The instances of history of deals on the chart.
Now, let’s dive into the testing results for 2013 with USDJPY on the H4 timeframe:
Fig. 2. Chart of testing results
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