Rebate King 19 EAs Portfolio
Don’t Buy an EA Unless It Meets These 9 Criteria
Is it being tested with a higher spread to ensure robustness? It is important to test your EA with a higher spread to ensure that it is not a broker-dependent EA.
Has it been tested with more than a 10-year period? Don’t get fooled by EAs that are curve fitted over a few years. How does it perform during 2002 Equities Sell-off, 2006 Emerging-Market Crash, and 2008 Subprime Meltdown?
Is it still profitable when tested with fixed 0.1 lot? This test will eliminate martingale, grid, and average trading. Don’t get fooled by the promises of easy money and outrageous gain.
Does it make more than 500 trades during a 10-year period? With fewer trades, the EA is more likely to be curve fitted, and it does not meet statistically the law of large numbers.
Does the largest winner of this EA account for more than 5% of the total profit? Developers tend to select large trends for most of their EAs’ profits. A large trend does not occur all the time, and this is known as selective bias. So avoid EAs with large take profits and large stop loss.
Is it providing similar backtesting results for Open Prices, Control Points, and Every tick? If it is only profitable with Every Tick, then this EA is NOT robust. With different brokers, price feeds, internet connections, and etc., this EA will tend to lose money unless everything is under ideal conditions which are not likely to occur with online trading. You must take Murphy’s Law into consideration.
Do its backtesting results match up with its real time trading results? You may look at 6-12 months of a profitable trading statement, but the true test is over a long term 10 years backtesting. You must ensure that your backtesting results are valid. Read our MT4 post on comparing live and backtesting results here: https://goo.gl/m6ZCVW
Does it trade based on multiple timeframes to capture the different trends of the market volatility? Using multiple timeframes, it will reduce the overall drawdown of your trading results.
When tested with fixed lot, does it provide a return/drawdown ratio greater than 25 to 1? You will have an excellent EA if your reward to risk ratio is greater than 30.
Why is Rebate King your FX solution?
Rebate King meets and exceeds all nine criteria above, and we invite you to test it for yourself. This Expert Advisor is designed and backtested to provide you with more than 200,000 pips trading edge with the EURUSD. It has been tested from 2000 to 2015 (15+ years) for robustness under different market conditions and has generated more than 18,000 trades to avoid curve fitting. Your 200,000 pips trading edge has 19 independent trading strategies which you can manually turn on and off at any time. It has a Return/Drawdown ratio of 36.7 to 1 and a profit factor of 1.32.
- Broker: Spread ranging from 1.0-4.0 pips.
- Symbol: EURUSD M1 or M15
- Lotsize: 0 = compounding, 0.1 = fixed lot
- Risk: 0.05 = 5% per trade
- _15_Minute_EA1: True = ON, False = OFF
- _15_Minute_EA2: True = ON, False = OFF
- _15_Minute_EA3: True = ON, False = OFF
- _30_Minute_EAxx: True = ON, False = OFF
- _60_Minute_EA19: True = ON, False = OFF
Why did we choose the name Rebate King?
We tested our EA with 3.0 pips for the EURUSD. If you are trading daily to obtain rebates from your brokers or IBs, then we are your ultimate solution. What if your broker offers 3 pips spread with 2 pips rebates, you can potentially earn additional 36,000 pips on top of our 200,000 pips trading edge. We make lots of trades, which mean more rebate profits to you. Our system is based on modified Smooth Moving Averages, modified WPR, and modified CCI. You can read more about our trading philosophy in our book entitled "The Bull, the Bear, and the Baboon - FX Lessons Learned the Hard Way."
Winsor Hoang is the author of "The Bull, The Bear and The Baboon – FX Lessons Learned the Hard Way", a former Commodity Trading Advisor (CTA) and an automated trading researcher since 2003. Winsor actively works with several high profile mathematicians, statisticians, computer scientists, and computational finance specialists.
H4 GBPUSD Trend Scalper is a trend signal scalper The EA trades according to the trend strategy using original built-in indicator for opening and closing orders. The external inputs for limiting trading on Fridays and Mondays are available. The purpose of the strategy is to use the current trend with the most benefit. According to the results of testing and working on demo and real accounts, the best results achieved by using the Н4 timeframe on the GBP/USD pair Works on MetaTrader 4 Build 971+
The7 - uses a pair trading strategy, analyzes a basket of currencies and buys oversold and sells overbought pairs. To test trading functions, the test mode is added, in it transactions are made randomly, only for verification. When installing the adviser on a trading account, select the work_mode - for_real mode. Reccomend pair EURUSD GBPUSD USDCHF AUDUSD USDCAD USDJPY NZDUSD H1 default settings work mode - for real Real operation monitoring as well as my other products can be found he
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This ea designed based on Grid sterategy .I recommend to use this ea for major currency pair and run it on H1 timeframe. Backtest result from 2018.01.02 - 2019.04.18: Balance=1000$, lot size= 0.01, broker= IFCMarkets_Real , Currency=EURUSD, tp=5$ , Step=50pip, account risk=100% . Profit=227$. >>>>>> Parameter: lot= starting lot size. Take Profit: profit in $. Step =Pip Difference between trade. ** Warning : Recommended for ris
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The levels, where a large volume of trades has been formed, are very important in the technical analysis. It is also important to know the direction of the trend and its change. When a High is broken the trend is considered an uptrend, when a Low is broken - a downtrend. This provides a foundation for a good trading system. But now you don't have to do anything, such system has already been developed - the Trend Stream. The EA automatically detects the trend direction and makes trades based on t
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Karman is a fully automated trading advisor working on a М30 timeframe. The settings of the advisor are based on the safe trading, the essence of which is to close the transaction, while achieving a positive profitability dynamism of several points, which allows the user to reduce the costs of opening losing trades. The Expert Advisor is multi-functional and does not require a specific type of account for the normal operation of all functions embedded in it. The advisor’s manual involves encapsu
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EURUSD DECODER EA is a fully automated mid-term, medium-risk expert advisor. Adaptive price pattern analysis is used to identify potential trade entries and exit. The EA does not use any unfair money management practices like grid and martingale. Each position includes a stop loss and all open positions are monitored by an advanced loss control algorithm, which decides when to close profit and when to accept loss. Before you buy all of my product please be aware of the risks involved: 1) Pl
Strategy is very simple, low risk and high profit in last 16 years on back-test. It is based on candlestick analyzes. Buying or Selling on dips Orders are closed by stop loss and take profit or by some special signals It works with USDJPY M15 The EA works both with four and five decimal places TP=100 pips SL=90 pips This EA doesn't use martingale and only one Position will be taken at one time. Trade time is short (mostly ~24h) Parameters OpenDay - The EA will start trading from this day. 0=su
CAP Zone Recovery EA is your tool to turn losing trades into winning trades by using a smart "back-and-forth" hedging mechanism. I call it the "Never Lose Again Strategy". Let the price move to anywhere it likes - the awesome CAP Zone Recovery EA will make profits out of the situation. Guaranteed! The secret behind this amazing EA is a famous trading algorithm known as "Zone recovery algorithm" or "The Surefire Forex Hedging Strategy" . CAP Zone Recovery EA is extremely easy to use. You just ope
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My Dear Valuable Customers, LAUNCH PROMO: ONLY AT $10!( month> Next price: $199 This ea does not work on back testing. Reason-This is trade 28 pair. My currency strength meter is programmed to my private trading strategy.Still it is in the testing and developing stage.So,now I can recommend the success rate very well. I just shared this indicator through this website to satisfy my customer's demand on it.I wish to develop my new system into a 100% auto trading system soon. The success rate of
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