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And stop and reverse
And stop and reverse is an Expert Advisor that does not use indicators.
Expert Advisor And stop and reverse trades on any currency pair and on any timeframe. The strategy is based on accompanying an open position with a trailing stop and reversing it when the trailing stop triggers. The Expert Advisor increases the deposit by limiting the losses and not limiting the profits due to the absence of a Take Profit.
- LotConst - constant lot size;
- TrailingStop - the only parameter that can be optimized. About 40 pips for 4-digit quotes (400 pips for 5-digit quotes);
- FirstPosition1Buy2Sell - direction of the first position: 1 - Buy, 2 - Sell;
- MagicNunber - magic number for the Expert Advisor to identify its positions.
And stop and reverse having initial deposit of $10000 earned $2300 on EURUSD M1 in the period from 1-st January 2012 to November 23-th, 2012. The relative drawdown is 5%. Even better results can be obtained on other currency pairs.