Meet the Exp_BrakeMA, a powerful Expert Advisor designed for MetaTrader 5. This EA operates on signals derived from the BrakeMA semaphore indicator, which provides traders with clear buy and sell signals. The magic happens when a bar closes, indicating a potential reversal in the market. You’ll notice this reversal by a color change in the indicator and the appearance of a large colored dot.
To get started, simply place the BrakeMA.ex5 compiled file into your terminal_data_folder\MQL5\Indicators directory.
During the tests highlighted below, the default input parameters of the Expert Advisor were utilized. It’s important to note that neither Stop Loss nor Take Profit was employed during these tests, allowing for a pure assessment of the EA's performance.
Fig. 1. The instances of history of deals on the chart.
Here’s a look at the testing results for the year 2011, specifically for XAUUSD on the H4 timeframe:
Fig. 2. Charts of testing results
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