A5Positive EA was programmed to hit and achieve a 5% positive results and once achieved, the EA will automatically close trades and stop trading and will remind you to withdraw and a message in red will appear on your screen "5% PROFIT ACHIEVED... WITHDRAW YOUR PROFIT NOW!!!" (see image #1 below). You have option to withdraw or continue trading. It takes at least 10 winning trades to achieved a 5% positive results for this EA.
This EA have CutLoss feature or cutting of losses if the trade went wrong to protect your account from big drawdown and margin call and it is only available in live and demo trading. The EA will alert you everytime the trend is against your account and you have the option to cut your losess or hold your position and wait until it becomes positive. The winning ratio is 7 out of 10 trades are closed in positive within 3 hours and if the position is open for more than 3 hours the alert signal warning or CutLoss feature is active. By the way, this feature is available in live trading and demo trading only and it will not appear in Strategy Tester or backtesting.
If you are testing this EA on Strategy Tester, it will not close the open trades once it hits the 5% positive results but a message will be displayed and the chart will continue to run. You can click the "Stop" button after it hits the 5% target to get an exact data analysis for the strategy tester report. In live and demo trading, all open trades/positions will automatically close once it hits the 5% positive results and you need to reset the EA to continue trading. I recommend 0.01 LotSize for every $100 with at least 1:500 leverage or above but if your leverage is below 1:500, a minimum fund of $200 or above is recommended depending on leverage. To get a better results, it is recommended to put the EA on multiple charts with different trading pairs using M5 or M15 timeframes (see image #5 for format), it is not recommended to trade using one pair only. Any MT4 broker with 5 decimal places and very low and tight spreads is recommended, ECN broker is also highly recommended.
You can trade on all these pairs: EURUSD, USDCHF, GBPUSD, USDJPY, USDCAD, NZDUSD, AUDUSD, AUDCHF, AUDCAD, AUDJPY, CHFJPY, EURGBP, EURAUD, EURCHF, EURJPY, EURCAD, GBPJPY, CADJPY, NZDJPY, GOLD and you can also add more trading pairs as long as it is low and tight spreads and put the EA on each chart and you can trade them simultaneously.
Features and Benefits
- Automatic stop trading on live and demo trading once a 5% positive results are achieved;
- Low minimum fund of $100 at 0.01 lot with at least 1:500 leverage or above is fine;
- CutLoss feature protects your account if there is a possible reversal of trend;
- It can trade on any MT4 trading platform of any Forex broker of your choice and on any trading pairs;
- 24 hours a day 5.5 days a week of non-stop trading;
- You can use the trades or signals generated by this EA on Binary Options trading, and;
- You still have the option to operate it on 100% autopilot or an option to trade together with EA by opening and closing positions manually.
- LotSize - you can enter a value from 0.01 lot up to the maximum lot size allowed by the broker (0.01 LotSize for every $100 to $500 depending on leverage)
- StartingFund - you have to enter your starting fund (your initial or total deposit) as this is the basis for the computation of profit and loss
- CutLossSignal – if 1, a message will pop-up on your screen to remind you of possible reversal of trend and you have option to cut your losses, to switch off the alert signal warning, set the value to 0. This feature is available on live and demo trading only and not available in backtesting or Strategy Tester.
I make this EA very simple with no complicated input parameters and I keep on improving this EA in the coming months and years to make it very flexible and user-friendly and more efficient with very minimal risk.
Using strategy tester is not suitable for testing this Expert Advisor because of some technical reasons and very limited functions, it must be tested on demo and real live trading account only for better results.
You can request for the Users Manual of my EA A5Positive and also I will provide you with good tips and advice on how to handle these trades so we can be more efficient and minimize drawdown.