Trading Night LongProfitEA
Trading Night LongProfitEA is an intelligent automated Expert Advisor.
The entry and exit logic works only on Bar Close avoiding market disturbances.
Positions are opened when specific prices levels, dinamically computed, are hit.
A check on the spread is done before opening any position, in order to avoid entering the market when spread is high.
Furthermore, you can set the time at which first position is opened by modifying the "GMToffset" parameter (i.e. difference between broker time and GMT, ask your broker if you don't know it). Please, also keep in mind that your broker might have a different GMT offset depending on if it's summer or winter time. Should you have any doubt, please contact seller for clarifications.
You can choose between fixed and percentage risk.
TF 5 MINUTES
PAIRS AUDCHF EURCHF USDCHF CADCHF GBPNZD GBPCAD
Please find attached all 10-year tests with balanced portfolio and MONTECARLO
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We have also built several types of portfolio (see below for further details), depending on the accepted risk level (Neutral, Low Risk, Medium Risk, High Risk) and Holding Period. The difference between them is the value of "Risk per trade" parameter for each asset.
It is important that the client strictly follows the risk management once the customer has selected the portfolio.
The assets used for the construction of the portfolio are: CADCHF, EURCHF, USDCHF, GBPNZD, GBPCAD, AUDCHF.
The risk asset for each portfolio was constructed according to this scheme:
Neutral Portfolio: All assets with risk 0.1.
Low Risk Portfolio: CADCHF (risk = 0.3) GBPCAD (risk = 0.2) USDCHF (risk = 0.2) EURCHF (risk = 0.2) AUDCHF (risk = 0.1) GBPNZD (risk = 0.1).
Medium Risk Portfolio: CADCHF (risk = 0.5) GBPCAD (risk = 0.3) USDCHF (risk = 0.3) EURCHF (risk = 0.3) AUDCHF (risk = 0.2) GBPNZD (risk = 0.2).
Hight Risk Portfolio: CADCHF (risk = 0.8) GBPCAD (risk = 0.6) USDCHF (risk = 0.6) EURCHF (risk = 0.6) AUDCHF (risk = 0.5) GBPNZD (risk = 0.5).
We recommend to choose the risk level based on the available initial capital, according to the following scheme:
1. Initial Deposit <100 $: Low Risk Portfolio
2. Initial Deposit> 500 $: Medium Risk Portfolio
3. Initial Deposit> 1000 $. High Risk Portfolio
It is advisable to increase the risk of each asset in proportion to the High Risk Portfolio when EA is used with a capital exceeding $ 2000.
The construction of this portfolio is only an advisory for illustrative and informative purposes in order to use the Expert Advisor in the most effective way.
Further details on portfolio construction:
The portfolio was built using qualitative and statistical considerations. We've initially built a Neutral portfolio to the market (Naive Portfolio) consistent with the size of the markets and with the operations of the EA: the Naive Strategy has allowed us to set the Risk Neutral of some assets, determining a good diversification. From the Neutral Portfolio, we have created the three types of portfolio above described.