If you’re looking to enhance your trading game, the MA Rounding Candle Expert Advisor could be your new best friend. This EA is designed around the MA Rounding Candle indicator, which triggers signals based on candlestick color changes. Essentially, when a bar closes and the color shifts, that's your cue to take action!
To get started, simply place the MA_Rounding_Candle.ex5 and MA_Rounding.ex5 files into your <terminal_data_folder>\MQL5\Indicators directory.
One thing to keep in mind: the TradeAlgorithms.mqh library allows you to use Expert Advisors with brokers that offer non-zero spreads. Plus, it gives you the flexibility to set your Stop Loss and Take Profit right when you open a position. Want to explore more options? Check out other variants of this library here: Trade Algorithms.
During the tests shared below, we used the default input parameters for the Expert Advisor, and no Stop Loss or Take Profit settings were applied.
Fig.1. Examples of deals on the chart
Here are the testing results for 2014 on the USDJPY H4:
Fig.2. Testing results chart
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