This Version of the GoldenCross EA has been Re Designed to trade more often and with less volatility.
As an MT4 Multi Currency EA backtesting is not indicative of actual trading performance.
A fixed Stop Loss and Take Profit are placed with each trade for safety, but dynamic SL and TP are used in trade management.
Lot sizes are calculated by the EA based on a risk reward and recovery schedule. After a losing trade lot sizes increase based on the following schedule:
If StartLots are 1.00 next lots will be 3.00 then 6, then they remain at 10.00 until all losses are recovered, then they revert to 1.00 and start over.
As you can see from the screenshot of a recent days live trading, the EA conducts itself very well without having to call on increased lot sizes.
The EA is for traders comfortable with calculated risk in return for a smooth equity curve. A very high degree of trade selection accuracy is employed.
There are no set files to worry about, just load it on to any H4 CHART, the Symbol does not matter because when it is ready to trade it will choose it's own chart Symbol.
Staying connected is important for the EA to manage the trade, but your position is protected by the fixed Stop Loss if connection is lost.
The user should make sure their trading platform is providing tick data on all of the major currencies to maximise the the signals provided by the EA.
There are subtle differences between brokers regarding history feeds, the most accurate history provides the best results.
The EA is not sensitive to latency, but you should always use a good broker for best results.
Trade more accurately.
Trade with lower volatility in regard to lot sizes.
Added User input for spread.
Other modifications to try and overcome problems
caused by different broker history feeds.
Added more user inputs.
Added ability to use Distribution filter.
Added information for user regarding profit required to close trade.
more consistent between pairs.