Unlock Trading Success with the Exp_NRTR EA for MetaTrader 5

Mike 2016.06.30 21:29 41 0 0
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If you're looking to elevate your trading game, the Exp_NRTR trading system based on the NRTR indicator might be just what you need. This Expert Advisor (EA) generates signals right at the close of a bar when a large colored dot from the indicator appears.

To get started, make sure you have the necessary NRTR.ex5 file saved in your <terminal_data_folder>\MQL5\Indicators directory. This is crucial for the EA to function properly.

One of the standout features of this EA is its compatibility with brokers that offer nonzero spreads. It also allows you to set both Stop Loss and Take Profit when opening a position, giving you more control over your trades. If you're interested in exploring more options for the TradeAlgorithms.mqh library, you can find additional variants at this link: Trade Algorithms.

In the tests below, we utilized the default input parameters of the Exp_NRTR EA, without applying Stop Loss or Take Profit, to gauge its performance.

Examples of trades on the chart

Fig. 1. Examples of trades on the chart

Let's dive into the testing results for 2015 on the GBPUSD H4 timeframe:

Charts of testing results

Fig. 2. Charts of testing results

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