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The EurUsd Prospector

280 USD

Demo downloaded: 9

Published: 10 May 2024

Current version: 1.1

The EurUsd Prospector

Experts
Bob Godar
Version: 1.1
Updated: 13 May 2024
Activations: 10

Pentecost Special Offer: 30% Off EURUSD Prospector!

Celebrate Pentecost with an exclusive offer on EURUSD Prospector, your ultimate solution for advanced EUR/USD trading. For a limited time, enjoy a 30% discount on this sophisticated trading algorithm designed to maximize returns and minimize risks.

Regular Pricing:

One-Time Purchase: $280 instead of $400
3-Months Subscription: $70 instead of $100
Yearly Subscription: $210 instead of $300

Welcome to The EurUsd Prospector!

The EurUsd Prospector is a sophisticated Expert Advisor (EA) designed to trade the EUR/USD pair on the H1 timeframe. This EA combines four distinct strategies into a robust portfolio, leveraging 15 different indicators such as Linear Regression, Bollinger Bands, and Heikin Ashi. These indicators help identify trends and set precise stop order levels, ensuring a disciplined approach to trading without employing risky techniques like martingale or grid strategies.

Key Features:

Multi-Strategy Portfolio:
- Integrates four independent strategies working in tandem on the H1 timeframe.
- Utilizes 15 diverse indicators to enhance decision-making.
Safe Trading Methods:
- Employs only stop orders to enter positions.
- Each trade is protected by fixed or trailing stop losses, depending on the strategy.
Extensive Backtesting:
- Built and tested on 21 years of EUR/USD data from Dukascopy and Admirals.
- Passed rigorous robustness checks with 100 Monte Carlo simulations for each strategy.
Low Correlation:
- The four strategies have low correlation (between 0.08 and 0.22), reducing overall portfolio risk.

Requirements and Recommendations:

Currency Pair: EUR/USD
Timeframe: H1
Minimum Deposit:
- $10,000 or €10,000 with a leverage of 30
- $1,000 or €1,000 with a leverage of 100 or higher
Account Type: Hedge

Backtesting:

Timeframe: H1
Data: 1-minute OHLC
Duration: Full 21-year backtest takes approximately 8 hours on a standard PC.
- Recommended to perform shorter tests (2-4 years) for quicker insights.

Additional Specifications:

Symbol Configuration: Ensure the correct symbol format (with pre- or suffix) for EUR/USD.
Manual Strategy Control: Option to disable any strategy via input settings (not recommended).
Robust Money Management: Built-in self-explanatory money management functions.
VPS Recommendation: For optimal performance, use a VPS to run the EA 24/7.
Risk Management: Start with a low-risk setting and adjust based on performance.

A Final Note:

The EurUsd Prospector embodies the determination and endurance of the gold hunters in the Klondike of 1896. Patience is key, as this EA is designed to provide consistent, stable results over time. Your feedback and suggestions for improvement are always welcome and appreciated.

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Version 1.1 2024.05.13

Major bug fix i.e. if-condition with Volume Limit check didn´t work as expected.
Now the backtest and live trading work perfectly fine.