Exponential Trend Chaser

EMA Loop Daily Chart (69% wins backtest data)

Has an open trade all of the time except when a trade is closed by the take-profit. Buy or sell signal triggered when EMA 1 crosses EMA 2. No stoploss is used. Trade is closed when a signal for the opposite trade entry is received.

Has promising results for the Daily chart of EUR/USD

Parameters Used

EMA 1 – (6) < (20) Buy

EMA2 – (6) > (20) Sell

Money Management

Uses Betting Fibonacci with the initialization value being (0.01 lots). Lot size determined by running, then history of trades.

No stoploss

Take profit fixed at 90 pips

Drawbacks

Suitable for account size of at least 300 USD due to nature of money management. Recommend using a USC account for smaller account size.

Profitable in the long run (1yr) 


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4 (3)
Download Trial EA Budak Ubat Channel Limited Time Price! The price will increase by 10 USD after every 10 purchases! How it works When the EA is active, it will analyze the chart based on the Execution Mode parameter. If there are no existing positions on the chart, the EA will enter a trade based on the parameter. If the trend is bullish, it will enter a buy trade and if it is bearish it will enter a sell trade. And it will also set a Stop loss order at a certain distance from the opened trad
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