If you're on the hunt for a robust trading system, look no further than the AFStar indicator. This system generates signals at the close of a bar whenever a colored indicator arrow appears, helping you make informed decisions.
To get started, you'll need to use the compiled indicator file, AFStar.ex5. Just save it to your terminal data folder under MQL5/Indicators.
One key feature of this Expert Advisor (EA) is its compatibility with brokers that offer a nonzero spread. Plus, it allows you to set your Stop Loss and Take Profit levels right when you open a position. If you’re looking for more resources, check out the Trade Algorithms library for additional options.
During the tests outlined below, we utilized the default input parameters for the EA, with no Stop Loss or Take Profit applied. This gives you a clear view of its performance.
Fig. 1. Examples of deals on the chart
Now, let’s dive into the testing results for 2015 using the EUR/USD pair on the H4 timeframe:
Fig. 2. Testing results chart
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