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This is an EA that increases the lot size after each profitable trade if it follows some losing trades.
A realization of the method described at http://www.tradejuice.com/forex/forex-1-2-3-methode-mm.htm. The author of the realization is not the author of the method, so I don't vouch for the realization correctness.
Indicators Parabolic SAR and Exponential Moving Average are used in the system.
This automated trading system is intended for working with the currency pair of eur/usd in the one-hour chart. Excellent results.
The purpose of this EA is to find good entry in a well established trend. The EA was developed on 1 Hour EUR_USD graph, but I think that the similar concept can works in a good manner on the other crosses too. I’m happy about the drawdown.