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Sky Forex EA

Sky is a Forex Expert Advisor designed for EUR / USD on a 5-minute timeframe, based on the breakout of highs and lows, a trend filter and a volatility filter.

The results are excellent and the backtest since 2014 shows excellent results.

The historical series has been divided into two parts: 2014-2018 (In-sample), 2018 - 31/07/2018 (Out-of-sample).

Sky parameters can be modified, but the preset parameters have been chosen with the intent of obtaining the maximum ratio between profitability and stability.

Change the number of lots, the default number of lots is 0.1, change it to your optimal lot number!


Parameters

  • lot = lot size (default: 0.1);
  • magic_number = unique number for each chart (default: 19074);
  • comment = order comment (default: "SKY");
  • average = length of simple moving average (default: 180);
  • max_min= number of bars for the breakout livel (default: 30);
  • volatility_factor = intensity of volatility filter (default: 0.0007);
  • sl_long = long position stop loss, % (default: 0.004 = 0,4%);
  • sl_short = short position stop loss, % (default: 0.004 = 0,4%);
  • risk_factor = indicates the risk applied to the EA (default: 3). It is reccomended to set this parameter beetween 1 and 3.


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