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%.
Real live monitoring can be found here : https://www.mql5.com/en/signals/450096
- The EA has been optimized for EUR/USD H1, M15, M5.
- 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.
Each Time Frame has its own set file.
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;
- On_Algo : Algo for calculating the critical levels.
- MPV : Internal system parameter.