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Fractal day close

The Expert Advisor has been created for trading on EURUSD H1.

Entry signals are created based on Fractal historical behaviour.

Entry amount is set to 1 lot but can be changed.

Position is closed at the end of the day.

No adding, no reducing, no martingale.

During backtests, I used program connected to data from ECN broker.

I also used Monte Carlo simulations.

Monte Carlo simulation uses different problems variation like randomized history data, slippage or spread, and implements it to the backtests.

Nevertheless, I advise you to optimize parameters every couple of months.


Parameters

  • Amount for a new position - size of new position
  • Maximum position amount - total occupation of all positions together (not important in this EA)
  • Amount to add on addition - size of added position after next signal in the same direction (not important in this EA)
  • Amount to close on reduction - size of position which will be closed after an opposite signal (not important in this EA)
  • Stop loss, Take Profit, Break Even, Martingale Multiplier - not used but can be added manually
  • Indicator parameters - all indicators have optimized parameters values for a period of the last year
  • Expert magic number - ID of the Expert Advisor
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