Revolution of EURUSD
- Nguyen Hang Hai Ha
- Version: 1.1
- Updated: 2 March 2023
- Activations: 9
Expert Revolution of EURUSD is a unique trading system exclusively for EURUSD. EA's strategy uses EUR and USD correlation strength tracking, combined with multi-currency and multi-timeframe confirmation for the best trading signals.
Trading signals are confirmed by multiple currency pairs with multiple timeframes, so backtesting becomes difficult with MT4 Terminal. This is a complex trading strategy and is programmed for EURUSD only. The EA needs information of currency pairs EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD (confirmation for EUR) and AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY (confirmation for USD). You should have those currency pairs available in the Market Watch panel (Ctrl + M and Ctrl + U to open the panels) for the EA to update information faster.
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If you do not have experience using EA, you should use the Default Setting with initial capital from $ 300 (with 0.01 lot).
|Max Spread||= 25 to 30 (Must be higher than the average spread of the currency pair)|
|Fixed Lot||= 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size)|
|Auto Lot||= 3.0 to 10 (= 1 mean auto lot size = 1 lots per $1,000,000 balance, or 0.01 lots per $1,000 balance...)|
|Trailing||= 8 (points)|
|Start Trailing||= 20 (points)|
|Magic Number||= your number|
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Do not use the EA with an account type with an extended character after the currency pair name. Currency pair name should be: EURUSD
Time frame: M5. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts and allow hedging. Min Balance: $ 300
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)
Do not use this EA with another EA on the same account. Do not make deposits or withdrawals while the EA has open positions.
Download history before backtest (Press F2, find currency pair, then Download). Backtest with model: Every tick.
Note: The backtest results only show trading of 1 time frame and no confirmation of multi currency pairs, while the EA analyzes multiple time frames and currency pairs. So you should experiment with demo account or 0.01 lot first to be able to control the risk and get a more accurate assessment of the performance of this EA.