Iberian Lynx EA
- Experts
- Version: 1.0
- Activations: 5
Iberian Lynx EA is a two-sided mean-reversion basket system for EURUSD on the M15 timeframe.
How it works
- Entry: fades stretched prices. The Bollinger z-score (50 periods) must be beyond 1.6 standard deviations, confirmed by the Stochastic (14,3,3) below 18 to buy or above 82 to sell.
- One basket per side and at most one new basket per day.
- Price grid of 60 pips, up to 7 legs with the lot ladder 1,1,2,4,8,12,18 (martingale-type averaging).
- The first lot follows the balance (0.01 per 1,000 USD by default) or can be fixed (InpLotFixed).
- The basket closes at +60 pips over the average price; from the 4th leg on it closes at break-even (+0.5 pip).
- Optional basket stop in % of balance (InpBasketSL) and margin/volume checks before every order.
Backtest (see the first screenshot: equity curve with dates)
EURUSD M15, real ticks, 2025.01.02 - 2026.09.01, deposit 10,000 USD, 1:500, default settings:
net profit +10,527 USD, profit factor 1.68, 198 trades, maximum equity drawdown 42.8% (7,569 USD). The account never blew up during the test.
Honest limitations
- This is an averaging (martingale-type) strategy without a hard stop: the balance curve is smooth but the floating drawdown can be deep, as the screenshot shows.
Recommendations
- Symbol: EURUSD, timeframe M15, hedging account.
- Minimum deposit: 10,000 USD with the default balance-based lot; use InpBasketSL and conservative sizing on live accounts.
- Low spread ECN/raw broker and a VPS.
Live Signals:
Maned Wolf - https://www.mql5.com/en/signals/2387675
Golden Lion Tamarin - https://www.mql5.com/en/signals/2387674
Both signals run on IC Markets accounts and are traded by Expert Advisors from this author's portfolio. A signal does not necessarily run this specific product with the exact default settings, so treat them as live evidence of the portfolio, not as a promise of identical results.
Important risk notice:
Past performance, backtests and live signals do not guarantee future results. Trading leveraged products can lose more than you expect. Always test on a demo account first and only trade money you can afford to lose.
How it works
- Entry: fades stretched prices. The Bollinger z-score (50 periods) must be beyond 1.6 standard deviations, confirmed by the Stochastic (14,3,3) below 18 to buy or above 82 to sell.
- One basket per side and at most one new basket per day.
- Price grid of 60 pips, up to 7 legs with the lot ladder 1,1,2,4,8,12,18 (martingale-type averaging).
- The first lot follows the balance (0.01 per 1,000 USD by default) or can be fixed (InpLotFixed).
- The basket closes at +60 pips over the average price; from the 4th leg on it closes at break-even (+0.5 pip).
- Optional basket stop in % of balance (InpBasketSL) and margin/volume checks before every order.
Backtest (see the first screenshot: equity curve with dates)
EURUSD M15, real ticks, 2025.01.02 - 2026.09.01, deposit 10,000 USD, 1:500, default settings:
net profit +10,527 USD, profit factor 1.68, 198 trades, maximum equity drawdown 42.8% (7,569 USD). The account never blew up during the test.
Honest limitations
- This is an averaging (martingale-type) strategy without a hard stop: the balance curve is smooth but the floating drawdown can be deep, as the screenshot shows.
Recommendations
- Symbol: EURUSD, timeframe M15, hedging account.
- Minimum deposit: 10,000 USD with the default balance-based lot; use InpBasketSL and conservative sizing on live accounts.
- Low spread ECN/raw broker and a VPS.
Live Signals:
Maned Wolf - https://www.mql5.com/en/signals/2387675
Golden Lion Tamarin - https://www.mql5.com/en/signals/2387674
Both signals run on IC Markets accounts and are traded by Expert Advisors from this author's portfolio. A signal does not necessarily run this specific product with the exact default settings, so treat them as live evidence of the portfolio, not as a promise of identical results.
Important risk notice:
Past performance, backtests and live signals do not guarantee future results. Trading leveraged products can lose more than you expect. Always test on a demo account first and only trade money you can afford to lose.
