If you’re looking to up your trading game, the Exp_Fast2 Expert Advisor is definitely worth your attention. This EA is designed to leverage signals generated by the Fast2 indicator. It operates by identifying a signal when a bar closes, specifically when the indicator's main and signal lines cross.
Before you start, make sure you have the Fast2.ex5 compiled indicator file. You’ll need to drop it into your <terminal_data_folder>\MQL5\Indicators directory.
A handy feature of this EA is its compatibility with brokers offering non-zero spreads. Plus, it allows for setting Stop Loss and Take Profit levels right at the moment you open a position. You can find more variants of the library with the Trade Algorithms link.
For the results shown below, we utilized the default input parameters of the Expert Advisor. Just a heads up, Stop Loss and Take Profit settings were not used during testing.
Fig.1. Trade examples on the chart
Here are the testing results for the year 2014 on the GBPJPY H8:
Fig.2. Testing results chart
Comments 0