This A grade EA is based on established low volatility retracement patterns. Also, the EA has an optional money management system that can be turned off by setting Manager to false.
- Currently one of the most efficient strategies in Forex
- Works on all brokerages with good spreads
- Works on any account size
- No martingale
- Low drawdown
- No grid
- Fixed stop loss
- Deals are closed within 24 hours and before weekends
- Built-in protection features
The EA is suitable for hedging accounts and works on all brokerages with an average spread less than 30 Points.
Specifications and Settings
- Fixed Lots - 0.01/0.1 minimum (this is used if you do not intend to use money manager).
- Automated Lots Manager - automate lot sizing based on available margin on account and overrides the Lots setting.
- Free margin percentage for Manager (in percentage) - specify the percentage of free margin to be used by Automated Lots Management.
- Maximum Lotsize for Manager - maximum allowed lot size for trading.
Use on EURCHF and on Daily Period. Also, ensure there is a minimum of 300 bars of data for testing.
Although the risk of gaps/drawdown is significantly reduced with this strategy and performance is consistent, it is still wise to keep your exposure moderated.