Superdog Pro EA

Superdog Pro is a fully automated trading robot on mainly EURUSD. Its minimum deposit required is only 500 USD. It utilises a dynamic grid system that prioritises to avoid large floating drawdowns. 

Main Features

• Dynamic grid system that avoids excessive orders during high volatility 
• Prioritised to avoid large floating drawdown 
• Virtual takeprofit/stoploss
• Survived long term backtest of 99.9% modality 
• No overfitting 

Requirements 

• Low spread raw ECN broker 
• Currency base: no limit 
• Stoploss level in dollar based on USD
• Minimum deposit: 500 USD
• VPS that runs 24/7 including weekends is essential when the EA has opened orders in the account. The EA takes every bar in its calculation since orders were opened, disrupting the EA may change its TP/SL calculation. 

Recommended Set

• Currency pairs: EURUSD (main), AUDUSD 
• Timeframe: M5
• Settings: Default set file 
• Deposit required for every 0.01 startlot: 500USD(aggressive) OR 1000USD(conservative)

Input parameters  

• Magic_Number: use different magic numbers for different set files (if any)
• Spread filter: max filter allowed for new orders 
• First_Order_Lot_Size: lotsize for the first order of a new set of grid
• Lot_exponent: lotsize for the next grid level = lotsize of the current grid level * Lot_exponent 
• Max_Level: Maximum grid level 
• Stop_Loss_in_Dollar: stoploss will happen when the floating drawdown reaches this value 
• Broker_GMT_Winter: Your broker GMT in winter times (usually 2)
• NonfarmPayroll_filter: Switch to stop trading on days when Nonfarm Payroll news is announced 

How to Setup 

1. Download the EA on your MT4 terminal 
2. Open the chart of the corresponding currency with the right timeframe 
3. Drag the EA onto the chart and the default set file will be loaded 
4. Choose your own lotsize settings at First_Order_Lot_Size and prepare for the required deposit 
5. Change the Stoploss_In_Dollar setting according to you initial lotsize and your risk level. 
6. For example: if you want 0.01lot as your startlot and aggressive risk level, then you need 500USD deposit and your Stoploss_in_Dollar should be set to 500USD; if you want 0.05 lot as your startlot and conservative risk level, then you need 5000USD deposit and your Stoploss_in_Dollar should be set to 5000USD
7. Allow autotrading and start trading 

Disclaimer 

• Backtest result is based on historical data which does not guarantee future performance and profit
• Trade with an amount and a risk level you feel comfortable with 
• Start with a demo account to understand the EA mechanism first 
• A good ECN broker with low spread and a stable VPS are essential.