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EA Cat

This EA is dangerous, still and quietly he goes to the hunt.

To this end, he uses a martingale strategy.

He is experimental and fun, but he is not really economical to the risk of total loss.

An example:

I use a Cent-Account. 35 USD are then 3500 USD.

Account: USD and 1: 400

EA setting: Normal, Variant 1

An account of approximately 3300 USD is required for 0.1 lot.

If the loss of two loss traps occurs consecutively, a loss of approx. $ 3000 is incurred on the second loss trade (Normal and Risk).

The case of two loss traps in succession, should be avoided by a low spread and continuous trade of the EAs.

That it can happen anyway, should be conscious the user.

Signal: https://www.mql5.com/de/signals/208119


Technical specifications

Underlying: EURUSD - M15

Digit: 5 digit broker recommended

Average spread: 1.6 pips or less, for Cat_type Risk small spread recommended

Frequency: average 130 times a year

Stoploss: Normal and Risk = 65 pips, More secure = 90 pips

Profit sharing: Normal and More secure = 1,5 pips, Risk = 1,9 pips


Backtest

See screenshot. Based on tick data.


Input

The inputs are stored as a screenshot. The settings for the EA are:

  • Magicnumber - sets order affiliation to this EA, for multiple EAs and settings the Magicnumber should be different
  • BaseLot - Lot size for the order
  • Ordercomment - comment for the order
  • MaxSpread - in pips, over MaxSpread no trade
  • Cat_type - Trade setting of the EA: Normal, More secured, Risk, double Risk or Custom
  • Indicators_variant - Two indicator settings are supported. Variant 1 less trades and less lost trades versus variant 2.
For Cat_type Custom following entries are possible:
  • TakeProfit - fixed take profit in pips
  • StopLoss - solid stop in pips
  • UseExitMinimumPips - EA closes order after set pips


Start

The results can vary from broker to broker (spread, slippage, etc.).

I recommend starting with a demo account in case of uncertainties.

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