Expert Advisor Immortality uses unique entry and exit strategies to trade with high probability and low risk.
EA is designed to be easy to use, it has 5 settings for 5 currency pairs (EURUSD, AUDUSD, AUDJPY, EURJPY, USDJPY) and the Manual Settings option.
If you do not have much experience in EA, use the 5 available settings for 5 currency pairs.
"Select Settings for = DE30 Index" only for users with experience and understanding of the risks involved in trading with indices.
If you want to set the parameters yourself, set variable "Select Settings for = Manual" and customize the parameters in the section Manual Settings.
|1. Select Settings for|| = EURUSD or USDJPY... (Choose currency pair and set the parameters from item 2. to 7.) |
= Manual (You set the parameters manually according to the items from 8. to 13.)
|2. Max Spread||10 to 30 (Must be higher than the average spread of the currency pair)|
|3. Fixed Lot||= 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size and Auto Lot is disabled)|
|4. Auto Lot||= 1 to 3 (= 3 mean lot size = 3 lots per $100,000 balance, or 0.03 lots per $1,000 balance...)|
|5. Max Trades||= 15|
|6. Distance limit...||= 0 (price zone where the EA will continue to trade if the signal is still valid)|
|7. Magic Number||= 1 to 999999999 (change different numbers for each pair)|
|++++++++++++++++||Manual Settings (works if Select Settings for = Manual)|
|8. Distance Level||20 to 30 (distance from the current price to the pending order)|
|9. Trailing||6 to 10|
|10. Start Trailing||25 to 40|
|11. Min Volatility||30 to 70|
|12. Max Volatility||40 to 120|
|13. Percent ATR||40 to 60|
Time frame: M5. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts and allow hedging. Min Balance: $ 500
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stop 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
* Do Not backtest while EA has open trading orders. If you need backtest during that time, please use another MT4 Terminal. Because the information (press F3) stored under your live account can be replaced by information from tester when backtest.
Additional Settings for DE30 Index
+ Max trades
+ Distance limit for consecutive orders
Add Setting for AUDJPY