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ECN Accelerator

The strategy is based on the Candle Pattern and Accelerator Indicator. The EA uses the Stop Orders.

It was backtested and optimized using real ticks with 99.9% quality. The Expert Advisor has successfully passed the stress test with slippage, spread wideness, abnormal bid/ask difference and commission approximate to the real market conditions.


Requirements to Use This EA
  • Account Type must be ECN
  • Account Conditions must have Zero Stop Level
  • Minimum Deposit $25
  • Minimum Leverage 1:100
  • Forex Currency Pair EURUSD
  • Chart Time Frame M1
  • A VPS with good latency rate

Following Filters are applied on it.

  • Is current instrument/pair EURUSD or not
  • Is current time frame M1 or not
  • Is current account conditions have zero stop level or not
  • Is current account have minimum leverage 1:100 or not
  • Check for required margin for lot
  • Is lot is greater than Broker's allowed max lot
  • Is lot is smaller than Broker's allowed min lot
  • Is Bid/Ask difference greater than spread
  • Is spread wideness is greater than normal


Parameters

  • Auto Lot Size — true or false value
  • ManualLot if Auto False — it will be work if Auto Lot Size will be set as false
  • Comments — a comment to trades.
  • Max Spread — Max Spread allowed to ea for smooth functions
  • Entry — It is Current bar size in points and it is decide when to set STOP Orders
  • Delta — distance to set pending orders from high / low levels
  • Stop Loss — It is self explanatory parameter and don't need further explanation
  • Trailing Stop — It is self explanatory parameter and don't need further explanation
  • Trailing Start — It is self explanatory parameter and don't need further explanation
  • Trailing Step — It is self explanatory parameter and don't need further explanation

Leave all parameters at default inputs for better results.

Risk Settings

  • Auto Lot Size — true or false, if this parameter set as true than lot size will be calculate by following rule
  • Lot Management Rule — (Lot = AccountBalance() / 20 / 100;)
  • Default Stop Loss for EURUSD — 15 Points (1.5 pips) + Spread


Recommendations

  1. Before using on a live account, test the EA with minimal balance;
  2. Use VPS or hosting server with minimal network latency to the broker's server;
  3. For best results, use the minimum leverage up-to 1:100;
  4. When using the EA with FIFO supporting brokers, do not run more than one EA on one account;
  5. Low spreads + low commission + zero stop level + high quality execution are important when choosing a broker.
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