CableOne
- Experts
- Gregory Hay
- Version: 1.2
- Updated: 18 April 2023
- Activations: 5
Cable One
Runs on GBPUSD Currency Pair Only. (more to follow at later stage).
Account monitor Start $1k: https://www.mql5.com/en/signals/1908537
Contact me for any existing bonus offer, discounts etc.
About CableOne
Stop loss and take profit fixed 100 pips - only 1 trade per day max. CableOne uses internal trailing stop function activated when trade is 9-10 pip in gain.
CableOne only uses price action to enter and exit trade.
Can be used in any prop firm with GBPUSD instrument, not considered as HFT, does not martingale, grid or require hedging and only trades during European and US sessions. Can be used in FIFO account (USA)
Passes 10 year backtest with incredible performance.....see in comments section. Run your own test and see.
To make backtest run EA on GBPUSD 1 hour chart, use any balance as EA is set for % Risk per trade. No set File required. If your broker is not GMT3, then consult me for proper trading hours. E.g EXNESS, DUKA, FXCM,
Win rate > 88%. Best with broker on RAW spread account.
CableOne for MT4 is a fully automated,100% hands free trading system.
CableOne will keep your balance liquid at all times. Never any weekend or overnight trades, all trades closed by 9pm UK time every day.
No grid or martingale, only 1 position open at 1 time per day.
CableOne is a long term system and should be left as set and forget.
EA can be used in recovery mode or not using recovery.
If <Lotincreasefactor> = 3.0 then after loss the next days trade will be X3 of the 1st trade. If 2nd trade losses it moves to x3 again, (so 1.0, 3.0, 9.0) and it will continue to trade on <MaxLotSize> until win trade and revert back to start lot then again.
To not use recovery make <lotincreasefactor> = 1.0, then makes same size trade very day.
Also, there is function to use {X}% RISK of balance per trade.
It is personal choice to use recovery or not, some people like it, others not, so its up to you. It works just fine on both ways.
Contact me after purchase for risk settings, etc.
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