JCR Livermore USDCAD
- Experts
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Ron Van Hunnik
At JCRinvestments, we specialize in developing data-driven, fully automated trading algorithms for MetaTrader 5. Our quantitative approach focuses on systematic edge, strict risk management, and empirical backtesting rather than subjective market predictions.
Our Philosophy: - Version: 1.0
- Activations: 10
Livermore is a trend-following system for USDCAD on the H4 chart, from the JCR Investments Legend series. It is inspired by the trading principles of Jesse Livermore: wait for the market to confirm its direction, join the trend, and cut losses early. It trades both long and short. Once a trade moves in its favour, the stop is moved to breakeven.
Livermore holds one position at a time and does not use grid, martingale or averaging down. Every trade has a fixed stop loss.
Backtest USDCAD, H4, 2020–2026, 1% risk per trade, commission included:
- Profit factor 2.00
- Maximum equity drawdown 9.3%
- 264 trades, win rate 75%
- Profitable in 7 of 7 years
Settings: attach to a USDCAD H4 chart and leave the default settings unchanged. You can adjust risk per trade (default 1%) and the magic number.
Inputs:
- Risk per trade (%): share of the account balance risked on each trade. Default 1.0.
- Magic number: identifies the trades of this EA. Default 2111. Only change it if another EA on the same account uses the same number.
The Legend series applies the ideas of well-known traders in a modern, rule-based form. It is not affiliated with or endorsed by any of them. Past results do not guarantee future results. Trading carries risk; only trade with money you can afford to lose.
