Sideways Pro MT5
Sideways Pro MT5 is an Expert Adviser generated by Optimization indicator. The EA is based entirely on the principle of technical analysis. This is my dream to make robots with optimization based on past data using only 3 indicators. The Larry Williams Percent Range indicator, The ADX indicator optimizes the overbought and oversold levels used to trade. The Standard Deviation Indicator is used only for the determination of market volatility of 150 pips from H1 timeframe. The EA can be used on most of the available trading instruments, but the results are better with EURUSD, GBPUSD, USDJPY and its installation takes only a few minutes.
The Expert Advisor works Stop loss with the ADX indicator from timeframe M15 and Opens position with the Larry Williams Percent Range indicator from timeframe H1, the ADX indicator from timeframe M15 and the Standard Deviation Indicator from timeframe H1.
- Advanced Technology.
- Money management system.
- No martingale, no grid, no arbitrage.
- Easy to set up.
- EURUSD year 2016 to 2018, 2 years Optimization with 1 minute OLHC tick.
Strategy Tester Result by Every tick based on real ticks
- Tested for 5 years: On EURUSD year 2014 to 2018 it very successful.
- Tested for 5 years: On USDJPY year 2014 to 2018 it very successful.
- Tested for 5 years: On GBPUSD year 2014 to 2018 it very successful.
Forward Testing by Every tick based on real ticks
- On EURUSD year 2018,01,01 to 2018,07,27 it very successful.
- On USDJPY year 2018,01,01 to 2018,07,27 it very successful.
- Needed 1:100 leverage as a minimum.
- Broker with fast execution.
- VPS is recommended.
- Five-digit accounts.
- TrailingStar - the distance between open price and current price to start trailing.
- TrailingStop - trailing stop.
- TrailingStep - trailing step.
- Risk - the ratio of Account Balance to trade.
- MAGIC - magic number.
- MaxSpread - maximum value of the current spread.
- Slippage - permissible slippage.
- Min_Margin_level - minimal account margin level in percentage for no transactions.