Trust EA MT4
- Experts
- Konstantin Kulikov
- Versione: 1.0
- Attivazioni: 10
Trust EA is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot.
* Limited special offer - 50% off the full price of the product.
* Discuss the complexities of Forex trading here: chat "Age of Expert Advisors".
Logic
I have been working with algorithmic trading systems since 2015, and in my experience, systems with a small StopLoss size are capable of working stably for a long time only in the "Scalping" mode. The best time for scalping is the rollover hour, since the price in most cases returns to the average value from the extremes at this hour (this is the "noise" hour, since there are no large players, therefore, no trend). The best order type for scalping is limit orders, since they have the minimum negative slippage of all order types (Market orders, Stop orders and Limit orders).
Advantage
This trading system has specific principles that are obvious to the trader, so with proper adaptation, you can get a stable result.
Disadvantage
Scalping with a short SL works only on honest ECN brokers, there are few of them, but they exist. Most brokers manipulate quotes, closing and opening occurs at non-existent prices, which makes scalping simply impossible with a short StopLoss, so on most brokers you can only productively use a grid set of settings.
Setting up
The Expert works from one chart of any timeframe for all recommended currency pairs: EURUSD, GBPUSD, AUDUSD, USDCHF, USDCAD, EURGBP, EURAUD, GBPAUD, AUDCAD.
The recommended leverage is 1:500, as it allows for greater use of account funds.
If your leverage is 1:100 - 1:200, or you have a Prop account, or you adhere to conservative risks, or you want to test a new broker, then set a smaller lot size (0.01 for every $100-$200 of the balance or a fixed 0.01 lot).
If you use an expert on several charts (with different settings, for example), then be sure to use different magic numbers in the expert parameters.
After setting up, you can send me a screenshot of the chart so that I can confirm the correctness, and you can ask me any questions.
Testing
Backtesting on all symbols at once (Use_Symbols_from_Line = true) is only possible in the MT5 tester: EA version for MT5. It makes sense to test this expert only on real quotes.
