Matrix Arrow EA MT4/5 Backtests & New Optimized Set Files

For the Matrix Arrow EA MT4/5 my current recommendation is to trade only these set files AUDUSD, BTCUSD, CADJPY, EURJPY, JP225, US30, XAUUSD with a low 0.5% to 1% risk per trade.

You can find the Matrix Arrow EA MT4/5 set files, along with detailed instructions and advice at the bottom of this guide.

Advice: None of my EAs are miracle products capable of predicting the market. Instead, they are honest, well-coded expert advisors designed to win more than they lose. They do not employ martingale or grid strategies, which means their results won't consistently show an upward profit curve; there may be ups and downs. Success with them requires patience and discipline. My general recommendation is to test all the provided set files in your strategy tester. If you discover any interesting results, consider making a purchase. I regularly optimize all my EAs and release new set files twice a year. Additionally, at the end of each month, I assess the performance of all the provided set files and offer new suggestions based on the symbols that have performed the best over the last 2-3 months. I advise you to trade only with the best-performing set files, limiting your risk to 0.5% or 1% per symbol, rather than using all of them. 

It is advised to load the Matrix Arrow Indicator MT4/5 on each chart that you will trade with the Matrix Arrow EA MT4/5 too, in case you want to migrate your trading environment to MQL5 VPS.

Before you begin to setup your Matrix Arrow EA MT4/5 and Matrix Arrow Indicator MT4/5 on your MT4/5 terminal, make sure that you have lowered the number of max bars in MT4/5 >> Tools >> Options >> Charts >> Max Bars in Chart >> 1000 because if you have a setting of thousands or millions of max bars in chart, your Matrix Arrow Indicator MT4/5 will be too slow, since it's calculating 10 standard indicators over all these bars and that takes a lot of time in thousands of bars.

Please remember to check the server time of your broker in the MT4/5 platform by navigating to View >> Marketwatch window. All provided set files have been optimized for ICMarkets GMT+3 servers (GMT+2 in winter). If your broker operates on a different GMT, you should adjust the trading hours of the set files accordingly. For instance, if your broker's server time is GMT+0 in the summer, you need to shift all trading hours back by 3 hours, so if:

Start Hour: 12

Start Minutes: 00

End Hour: 22

End Minutes: 50

you need to change it to:

Start Hour: 9

Start Minutes: 00

End Hour: 19

End Minutes: 50

Warning! If you plan to trade only 1 of the provided set files, you could leave the Risk % per trade to the default 3%, if you want to trade a few of the suggested set files, I suggest to lower the Risk % to 1% - 2% but if you would like to trade all set files, I strongly suggest to put the Risk % per trade to 0.5% - 1% per symbol.