FTU Newton Retrace
- Experts
-
James Erasmus
Trader, desenvolvedor
Com foco em MT5 e extensa pesquisa em: Astro Finance, comparação de corretoras e estratégias técnicas.
Entre em contato para saber mais sobre Astro Trend Bias, gerenciamento de negociações e análise de corretoras. - Versão: 1.60
- Ativações: 5
🎸 Newton — Reversal
This EA seeks reversal entries within trend direction with a quick exit system to avoid break out risk
♛ Performance Rating: 6/10
Core Features
- Single trade system (no martingale, no grid)
- ATR-based stop loss and take profit
- Built-in recovery system
- Exit protection (retrace + timed exit)
- Low risk features such as max lot, none trade time
🦅 Installation/ Setup
After download, find product in markets folder. Drag file onto chart - one EA per chart per product, set risk % per trade - Adjust the general and trade settings as per your style
For low frequency and safe trading: Skip counter trades = on
Important note: for low capital trading set the EA to: recovery system >> manual override = true, this will set a bias to no partial close, tp1 target less and allow wins to gain more trade size
🦅 Suggestions
This reversal system works well in combination with my other EA/Algo Bach which is a continuation system, together they can produce the results and fully automated trading with low risk and steady growth. With both system when running several products such as three indices or three similar forex pairs be cautious when they all enter at similar time, perhaps pause one product/ skip the trade. Watch the videos for more examples and suggestions.
🦅 Research
Change inputs, back test >> study how the EA performs, there are several inputs to change performance.. This is a reversal system with built in recovery, find the settings and risk model which suits your goals. In real environment trading sometimes EA is near full tp level and price retraces some events like that manual closure by user will improve results.
Compare and study interaction with other indicators for potential improvements, add trade events to assist with recovery or use similar products to assist with recovery. When loss occurs on product such as us100 then perhaps during recovery trade us30 is also in a profitable trade, then close us30 early to assist with recovery of partner product.
Recovery now mode is for users which switch platform/pc off, ea may lose track of losses, so this feature will implement the recovery system upon next trade setup
Study none trade time events, avoid market open and news events, switch ea off or use notradetime slots to prevent trades > this also requires review for next update, some testing shows this not working
Most testing has been done on low timeframe interday trading such as 2, 3, 4 min
Running a simulator wont show best results such as some losses could occur at news events, use the inputs to avoid entries around nfp and similar times are not built in, also user broker times may vary as per standard inputs. Again, please avoid news and market opening for 20 min Dax, and 40 min US session.
