Are you looking to enhance your trading strategy? The XRSI Histogram Vol trading system is a fantastic tool that generates signals based on the XRSI Histogram Vol indicator. This system kicks into action when a bar closes and a breakthrough occurs at either the overbought or oversold levels. Each level comes with its own unique position, magic number, and size for a breakthrough, allowing for precise trade management.
input uint Magic1=555; // Magic number for orders by a normal signal input uint Magic2=777; // Magic number for orders by a strong signal input double MM1=0.1; // Share of a deposit in a deal (normal signal) input double MM2=0.2; // Share of a deposit in a deal (strong signal)
To ensure the Expert Advisor (EA) runs smoothly, make sure you have the compiled XRSI_Histogram_Vol.ex5 indicator file in your <terminal_data_directory>\MQL5\Indicators folder. This setup is crucial for optimal performance.
The default input parameters for the EA were used during the tests outlined below, and note that Stop Loss and Take Profit settings were not applied during these tests.
Fig. 1. Examples of trades on the chart
Here's a quick look at the testing results for the USDJPY pair on the H4 chart over the year 2017:
Fig. 2. Test results chart
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