Blue Jewel
- Experts
- Syed Akbar Ali Jaffry
- Version: 2.1
- Updated: 24 August 2022
- Activations: 5
Blue Jewel is a dynamic algorithm that trades in high probability zone areas. It opens multiple trades in specialized zones and trained for long term stability of past ten years.
Trading
Trades will be opened in high probability zones and will accompany multiple orders according to needs. Default parameters are set for best performance or you can optimize the parameters according to your own needs.
Currency Pairs and Timeframes
The algorithm has been designed to work on the GBPUSD pair on H1. You can experiment with other pairs and parameters too.
Input Parameters
- Magic Number: EA identifier. When running multiple instances this value should be changed for each instance
- Comment: Comment that will be sent with your trades.
- Maximum Slippage: Maximum allowed slippage in points.
- MaxSpreadLimit: Maximum spread limit for EA working with trades.
- MinSpreadLimit: Minimum spread limit for EA working with trades.
- Direction of Trades: Selection of position opening for EA (All, Only Buy, Only Sell)
- Fixed Lot: set the lot size for every trade
- Dynamic Lot: Enable or Disable dynamic lot application
- LotBalancePercent: Magnitude of opening lots based on percentage of balance. Default Value 0.2.
- MaxLot: Maximum size of lots.
- Stop Loss: Sets the Stop Loss value in points.
- Take Profit: Sets the Take Profit value in points.
- Zone Trading: Enable or disable zone trading option. It will enable opening of multiple trades for average take profit.
- Average Take Profit: Combined Take Profit of multiple orders in points.
- Distance Next Averaging Positions: Distance in points for the opening of next position.
- Maximum Open Orders: Maximum Number of orders, 0 for unlimited.
Backtest
During the development, the algorithm was tested and optimized with default settings for the period of last ten years between 01.01.2010 and 15.04.2021 on historic data.
If you have any questions, please do not hesitate to contact me through PM or in the comment section. I will always reply as quickly as possible.
Before buying this product, please make sure you understand the risks involved with trading and that past performance is no guarantee for future results.
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Started On 18 May till June17
Account Size 500$
Net Profit 785$
Deposit Draw Down max 227$ and if you have just targeted with minimum risk:
Started On 18 May till June17
Account Size 500$
Net Profit 157$
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