Hey traders! Let’s dive into the Exp_Arrows_Curves, a nifty Expert Advisor (EA) designed for MetaTrader 5. This EA leverages signals from the Arrows_Curves indicator to help you make informed trading decisions. Signals are generated when a bar closes, indicating a new colored dot or a cross. Remember, those colorful dots are your cues for opening and closing positions, while the crosses are strictly for closing trades.
To get started, simply place the Arrows_Curves.ex5 file into your terminal data folder under MQL5/Indicators.
For the tests outlined below, we used the default input parameters of the EA. Notably, no Stop Loss or Take Profit settings were applied during these tests.
Fig. 1. The instances of history of deals on the chart.
Now, let’s take a look at the testing results for the year 2011, focusing on USDCHF H4:
Fig. 2. Charts of testing results
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