Normal distribution EA
Normal distribution EA is a Martingale based EA which uses history, Normal distribution in statistics and probability, several oscillators and indicators such as RSI, Parabolic SAR, Bollinger bands and Moving average in different time frames to determine Lot size, Buy, Sell, TP, SL and Martingale order time.
Order Lot size calculates according to Equity and Free Margin at the moment, so the higher Initial Deposit and higher Equity =higher Lot size and higher profit.
Normal distribution EA can trade on accounts with Initial deposit less than 3000 USD by setting "Trade if balance is less than 3000? to TRUE".
It is an intelligent fully dynamic EA which calculates everything according to market conditions.
Although Normal distribution EA is a Martingale based EA, because of dynamic and intelligent design it has been working perfectly since 8 years ago which this stability can be checked by demo version of Normal distribution EA. It adapts itself to market. As it can be seen on screen shots, whenever it has been tested during 2009 to 2016 it works without facing call margin.
This is because it calculates parameters according to market condition at the moment, so there is no need to change anything.
Normal distribution EA is specially design during 3 years using 8 years of experiences on GBP/USD.
Although it can be used on EUR/USD and any other pairs which their second currency is USD, it is recommended to use it on GBP/USD H1 Time frame.
- additional_LOT: Lot size calculates automatically according to market condition, but it can be added by user. It should be 0.01 or more.
Example: if calculated lot size by EA is 0.08 and additional_LOT is set to 0.03 then final LOT size to entering in to a position will be: 0.08+0.03=0.11.
- Trade if balance is less than 3000?: If this parameter sets to "TRUE", it lets accounts with Initial deposit less than 3000USD can trade.
if it sets to "FALSE", EA will not trade with low Initial deposit.
- History to check(number of candles): Number of candles in the past that EA checks. If this parameter set to Higher numbers then a long period of time will be checked and more events that happened in the past analyses by EA. Lower numbers can perform higher profits but it is less stable. Higher numbers perform lower profit but it is more stable. History to check had no limit but my experience show 200 is a base number to start, and 100000 is a higher band. A number between 100 an 10000 gives higher profit. Numbers between 30000 and 100000 is more stable with lower profit. Please test different numbers on tester and get to know it more better.
NOTICE: Normal distribution EA calculates everything according to market condition but if balance is less than 3000 and balance is less than 3000 parameter set to TRUE, 0.01 which is minimum LOT size will use to enter to a position.