This Expert Advisor is our latest trading system and it is designed to work with all parities and with all time frames. This EA produces important results even with medium - high spreads.
The entry logic is based on small price movements occurring in a certain time. To close trades, it uses a trailing stop and a closing function.
It works with all parities and all time frames and you can use it on accounts with a leverage starting from 1:200. It has very low drawdowns and good profit factors so you can fund your account with 100 or 1000 or 10000 USD or equivalent. It uses small price movements (DeltaPrice) related to their quantity (Movements) and to the elapsed time (Time). If you set Time to 0, this parameter is not considered.
To use this EA, no special skills in trading are necessary. You just have to activate it on the chart or on the charts you intend and nothing else. Default values are good to get positive results. You can improve them running an optimization process when you change broker or account type.
The screenshots below refer to backtesting made on GBPUSD and AUDUSD with 99.90% of modelling quality, a profit factor over 3.0 and a DD below 18%. For more details about settings and other aspects, please use this link http://www.forexrobotrade.com/?p=628
If you have any question, please leave a comment!!
- Added new closing functions by time and by profit.
- Added a control function before OrderModify()in TrailingStop function.