Market / MetaTrader 4 / Experts /

The 198

39 USD

Demo downloaded: 55

Published: 8 October 2020

Current version: 1.1

The 198

Experts
Andres Gorgen Stromberg Lubeck
Andres Gorgen Stromberg Lubeck
Lead Engineer at Invencon

Sweden

174
Hi,
I'm a Senior Lead Engineer within injection mould and stainless steel but has been trading stocks and forex for more than 10 years now.
Version: 1.1
Activations: 10

"THE 198" Trend EA

This EA is made with a mix of Williams percentage range indicator to check for oversold and overbought signals and Bollinger bands to verify the signal.

Feel free to download the demo EA first to verify that YOU will make profit with YOUR settings. Then purchase the "live" EA when you're ready.

This EA has not been optimized by history from 2018 until today. This tells that the EA is good also on "live" account. Many EA's are optimized with history data until today and showing bad results when going "live".

Low risk EA

The stop loss is set to only 40 pips which is medium low. Having a low stop loss creates the opportunity to increase the risk and having higher lot sizes if wanted.

PLEASE NOTE: Optimized for EUR/USD with time frame M30.

DO NOT FORGET TO CHANGE THE LOT SIZE.

Timeframe: M30

Symbol: Created for EUR/USD. Not suatable for other currencies

Recommended balance: $1000 or more

Minimum balance: $100 (without autolots)

Tested with tick data

Features:

Every trade is protected with stop-loss
Low risk
Customized Autolots
Tested tick data

Parameters:

Set autolots - Autolot is enabled if set to true
Lots per amount in balance - Sets 0.01 lots per amount in equity ($500 in account equity and chosen 100 will give 0.05 lots)
Max lots per trade - Set max lots.
Stop loss - Set stoploss
Take profit - Set take profit
Williams percentage range Period- Set period lenght
Williams percentage range level- Set level for signal
Bollinger Bands period - Set period lenght
Bollinger Bands deviation - Set multicator
Magic number - Set the magic number

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The 198

Andres Gorgen Stromberg Lubeck

"THE 198" Trend EA