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CadenceFX MT4

4.5
Key Features:
  • Dual Indicator Strategy: The EA utilizes Bollinger Bands and Stochastic Oscillator to identify reversal points, ensuring precise entry and exit signals for profitable trades.
  • Trend Filtering System: CadenceFX incorporates a trend filtering system to prevent trading in strong trend conditions, enhancing trading accuracy and reducing potential losses.
  • Patience in Trading: The EA waits for the market to retrace before entering trades, ensuring a strategic approach to trade execution.
  • Dynamic Lot Sizing: Automatically adjusts the lot size based on the current account balance, optimizing risk management and capital preservation.


MT5 Version: Click Here


Backtest Details:

  • Model: Every tick (the most precise method based on all available least timeframes)
  • Modelling quality: 99.90% (the most precise data of MT4)
  • Spread: Variable
  • Time Period: 2010 – 2023.10
  • Symbol: USDCAD
  • Timeframe: M15
  • Dynamic Lot: Automatically adjusts the lot size based on the current balance.

*Backtests should be conducted with Tick Data Suite GMT+2 with US DST. This GMT offset is widely used by most brokers.


Settings:
  • Risk Management: Customize the level of risk according to your trading preferences.
  • Take Profit for Initial Trade: Set the take profit level in pips for the initial trade.
  • Take Profit for Pips as Position: Specify the average profit in pips to aim for when opening multiple orders (2-3 orders).
  • Bollinger Bands Period: Determine the period of the Bollinger Bands used for calculating upper and lower levels.
  • Stochastic Indicator Parameters: Set the periods and values for the Stochastic indicator to fine-tune trading signals.
  • Trade Distance: Define the minimum distance in pips between trades.
  • Trade Multiplier: Specify the multiplier for the lot size of the next trade.
  • Stop Loss: Set the percentage of your account balance to be used as a stop loss.
  • Maximum Slippage: Specify the maximum allowed slippage in pips for trade execution.

Recommendations:
  • Currency Pairs: USDCAD
  • Timeframe: M15
  • Account Type: Suitable for any account type, with a preference for ECN/Raw spread accounts.
  • Leverage: Recommended leverage of 1:100 for optimal trading conditions.
  • Settings: Default settings provided for ease of use.
  • Minimal/Recommended Deposit: Start trading with a deposit of $1500 or 1500 US Cent to effectively implement the EA's strategy.


Comentários 7
AFuste
14
AFuste 2024.02.07 10:23 
 

Until now, no closed trades in Demo account, but seems good EA on Backtests.

Ckvara
98
Ckvara 2024.01.02 08:31 
 

It is very good EA from the backtest result. Look forward to use it in a live account.

Alesamo
1283
Alesamo 2023.11.29 17:21 
 

5 stars for now for giving away this EA for free! Backtest looks very good, will forward test it a while on one of my demo accounts. Thanks!

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Vince Congdon
60
Vince Congdon 2024.04.18 07:46 
 

ok

agrushev777
2329
agrushev777 2024.02.17 17:29 
 

O usuário não deixou nenhum comentário para sua avaliação

AFuste
14
AFuste 2024.02.07 10:23 
 

Until now, no closed trades in Demo account, but seems good EA on Backtests.

Ckvara
98
Ckvara 2024.01.02 08:31 
 

It is very good EA from the backtest result. Look forward to use it in a live account.

Alesamo
1283
Alesamo 2023.11.29 17:21 
 

5 stars for now for giving away this EA for free! Backtest looks very good, will forward test it a while on one of my demo accounts. Thanks!

MattyTrading
2281
MattyTrading 2023.11.28 22:10 
 

excelente EA ,Buen trabajo , FELICITACIONES ,operando en ICM va muy bien

Alberto Sassetti
313
Alberto Sassetti 2023.11.28 08:43 
 

Good Job

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