OnPoint Expert Adviser
OnPoint EA is a fully automated Expert Advisor with no use of martingale, grid and arbitrage etc.
The robot analyzes the market volumes and volatility, and follows strong supply and demand movements. It is a scalper EA, so the average trade length is almost 10 min.
OnPoint EA uses fixed stop loss in each trade and the win rate is over 80%.
- The EA has been optimized for EUR/USD with M15 TimeFrame.
- To get the same result as I get, you should use ECN brokers that offer low spreads.
- For successful robot operation, it is important to use VPS server that is located in the same location of your broker's server(low ms).
- Brokers that offer low commissions will significantly increase your profit.
- The minimum deposit is 100 USD.
Optimized set files will be provided in the comments section.
You can decrease the Drawdown by decreasing the Risk parameter.
It is important to backtests OnPoint EA with the modeling quality of 99.9%, It is a scalper EA, so every point can effect the final result.
- Backtesting is almost match with live trading, there is small difference because of the slippage.
- Stoploss : Stop loss in points;
- TakeProfit : Take profit in points;
- MagicNumber : Magic number;
- AutoLot : Enable/Disable automated lot calculation;
- Risk : Risk per trade (percent of deposit used);
- FixedLot : Fixed lot;
- Breakeven : Breakeven in points;
- TrailStart : Trailing stop in points;
- UseTimeFilter : Enable/Disable EA operation in the specified time;
- From : Start trading hour;
- To : End trading hour;
- MondayHour : Start trading hour in Monday;
- CloseFriday : End trading hour in Friday;
Parameters General Trade Settings Money Management Lot : Fixed (can change) Strategies - H4 Strategies you can using both it is fixed with MA, Bollinger band, Candlestick Levels Close Functions - H4 Strategies MagicNumber - individual magic number. The EA will only manage position of the chart symbol with this magic number. NextOpenTradeAfterSeconds - 120Minutes is default, can change it MaxSpread - upto currency pairs, MaxSlippage - upto currency pairs, Push Notifications - true is o
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2) Improve the performance of the EA.