The system is based on a certain price movement. Positions are opened during strong price movements. Up to three averagings can be additionally used. Stop loss is not applied.
Trades are opened with different ranges since the signal is strong but rare!
- Backtesting since 2010
- Working timeframe – H1
- Currency: AUDUSD
- StepLevel - averaging step
- Takeprofit - profit in points
- Percent lot - lot size in % of funds
- Rate - account rate to $ (if the account is in $, set to 1)
- Magic number - magic number
- Slip - slippage
- The recommended minimum deposit is $200 or higher.
- Minimum lot – 0.01
- Leverage – 1:500 or higher. The more the better.
- The EA works with ordinary and ECN accounts.
- No optimization required.
- Use "Every tick", since this is the most accurate test method.