The Exp_RMACD Expert Advisor is designed to help traders capitalize on signals derived from the ColorRMACD histogram. It generates trading signals at the close of each bar, triggered by a breakthrough at the zero level of the RMACD histogram. Additionally, it takes into account changes in the histogram or signal line direction, and potential breakthroughs in the signal line histogram, based on your chosen settings in the Mode input parameter.
To get started, simply place the ColorRMACD.ex5 and TRVI.ex5 compiled files into your terminal_data_folder\MQL5\Indicators directory.
The tests conducted below utilize the default input parameters of the Expert Advisor. It's important to note that during these tests, no Stop Loss or Take Profit settings were applied.
Fig. 1. The instances of history of deals on the chart.
Here are the testing results for 2011, focusing on the EURJPY H4:
Fig. 2. Chart of testing results.
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