Andromeda eurjpy m15
This EA has been developed for EURJPY M15 and is based on breakout of the Bollinger Band channel.
- It uses Stop pending orders with fixed Stop Loss and fixed Take Profit.
- To protect capital from week gaps, every trade is closed on Friday at 9pm UTC2 time. Adjust this time by your broker timezone.
- For every candle the pending orders are modified to adapt the market behavior.
The enclosed screenshots demonstrate the complexity and coverage of the tests which every strategy of mine must fulfill:
- IS/OOS tests.
- Slippage test.
- Test on another market to verify the edge.
- Test on lower and higher timeframe.
- Robustness tests:
- Monte Carlo simulations of Randomize trades order.
- Randomly skip trades.
- Randomize strategy parameters.
- Randomize history data - volatility change.
- Sensitivity for spread and slippage.
- Walk forward matrix - verify how the strategy is adaptable to a big range of market conditions.
My recommendation is to have a look at the rest of my products, because the benefits of portfolio are diversification through the markets, timeframes, etc. Portfolio of strategies works better together in combination.
Whole channel of trading Forex strategies is here - https://www.youtube.com/playlist?list=PLHk5omVXIi1hJBTE3NYO6A_EUYuaOnQMb
A broker with a small spread and slippage is recommended for better performance. There is no need to use a large account. I recommend trading from 350 USD with 0.01 lots.
- Each trade is protected by Stop Loss.
- No martingale, no grid, no scalp, no hedge, no latency, no arbitrage.
- No excessive consumption of CPU resources.
- User-friendly settings.
- All settings optimized.
- Long-term strategy.
If you have any questions, please contact me before buying.
- Lots = 0.01 - use 0.01 lot for account of minimum 140 USD.
- ExitTimeOnFriday = 21.00 - to protect capital from week gaps, every trade is closed on Friday at 9 PM UTC2 time. Adjust this time by your broker timezone.
- MagicNumber = 20150873 - trade ID.
- CustomComment = Andromeda EURJPY M15 - custom comment in history.
- EmailNotificationOnTrade = false - if a trade is opened, an email is sent to you; you need to setup an SMTP server in MetaTrader 4.
- DisplayInfoPanel = true - enable or disable the info panel on the chart.