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.
- 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