Masterstroke EURUSD M5
This Expert Advisor is a combination of
- Bollinger Bands
- Moving Average of Oscillator
- Oscillator of BBP
- Market Facilitation Index
Position is closed based on Keltner Channel so there is no take profit and stop loss.
Position will close automatically also after counter signal.
Attention: In backtests always use each tick mode!
- Currency: EURUSD
- Timeframe: M5
This EA is one of several which I use on my real account in "Turtle" signal:
- Amount for a new position - lot size of new position
- Amount to add on addition - lot size of added position after next signal in the same direction
- Amount to close on reduction - size of position which will be closed after opposite signal
- Stop loss, Take Profit, Break Even, Martingale Multiplier should remain unchanged in this EA (position is controlled and closed by Keltner Channel)
- Indicator parameters - all indicators have optimized parameters values for period of last 9 months
- Expert magic number - ID of Expert Advisor
Main advantages of this Expert advisor are: big win/lose ratio, profit factor , small relative drawdown and possibility to increase position after next favorable signal.
I advise to stay with 1:3 ratio in setting the amount of added lot size.(Amount to add on addition three times bigger than basic lot size)
Share your opinions and questions.