MathPlanet is a strategy that works only on the basis of mathematical calculations.
Based on data from GBPUSD and EURUSD calculates the point at which a price can turn back.
Opens the transaction cycle at this time. Such a cycle is one or more transactions in the same direction.
Transactions of cycle increase lot based on the multiplier (lot_factor).
The frequency of opening such cycles is on average 20-35 a month.
All transactions of cycle are closed in one moment after achieving adequate profit (TP_percent).
There is also an advanced closing system at a loss. This can be seen in the backtest chart which is not perfectly even.
In addition, EA has an absolute closing of cycle after reaching DrawDown 8%.
DrawDown will not be greater than 8%.
MathPlanet works only on the EURUSD M5 chart and needs to calculate data from GBPUSD,
because some data from EURUSD and GBPUSD are compared.
You need the auxiliary file MathPlanet_Calculation, which attach in the GBPUSD chart.
The MathPlanet_Calculation file runs in the background. You can download it in the Free section - it's free.
lot_percent - transaction volume as a% of deposit. If you enter "0" then the value "fixed_lot" applies.
The recommended value is 4-6 % of the deposit. The recommended min. deposit is $ 1,000.
fixed_lot - the size of the transaction flight. Valid only if lot_percent = 0.
lot_factor - the multiplier of the size of subsequent transactions in the cycle. The recommended value is 1.3 or 1.4.
TP_percent - the percentage of profit to the deposit, after which the cycle is closed. The recommended value is 0.3 - 0.6.
MathPlanet constantly calculates something and you need to ensure its continuity of work.
During EA operation, you must not:
- turn EA off
- change the TFu of the chart on which it operates,
- change EA settings,
- reset MT4.