The trading algorithm is moderately safe, only one trade is opened at a time and no averaging or grid is used. Stop Loss and Take Profit are set .
Scaling strategies are not used.
At the moment, Gen X has consistently shown good results over the past 10 years for all three currency pairs EURUSD, GBPUSD, AUDUSD.
The key feature of the Gen X algorithm is a good indicator of consecutive winning trades, this allows you to safely use the replenishment of losing trades
the following deals with an increased lot.
Gen X itself determines the patterns of the price channel breakout and can trade both the channel breakout and the rebound.
GEN X input parameters:
- StopLoss = 600
- TakeProfit = 600
- Comments = GenX
- AutoLot = true
- Lot = 0.01
- Risk = 1
- Slippage = 60
- Magic = 100500
- Use M30 timeframe.
- Install the advisor only with EURUSD, GBPUSD, AUDUSD.
- Use recommended set files.
- Different pairs should have different Magic
- Use only 5 digits quotes
Open three charts EURUSD, GBPUSD, AUDUSD with M30 timeframe. Transfer the EA to each of them and load the appropriate set files that can be downloaded in the comments
on the advisor page.
2) Added stop trading on Friday
3) Added trailing stop
4) Added the function of closing by Bollinger Bands
2) added switch for martingale mode and lot multiplier