This is the tenth adviser of a large currency portfolio.
Designed for EURUSD and H1 Timeframe.
Each trade is equipped with a stop loss.
All dangerous tactics are not used (no grids, martingale, or anti – martingale)
⭐ The Expert Advisor belongs to "GENERATION 2" . The Generation 2 Expert Advisor is a multi-advisor that includes from 3 to 4 EAs and 8-10 indicators. EAs are balanced according to the trading logic. The lots are selected so as to compensate for the drawdown of one EA with the profit of another EA.
- A Portfolio of EAs can be assembled from Generation 2 Advisors ONLY. Such a portfolio will work fully and sufficiently.
- Adviser on the principle of: ten small steps back – one giant step forward.
- Note: the adviser IS NOT independent (it has stagnation periods of up to 7 months), the adviser is created for a portfolio of advisors!
- Number of transactions per month 8-9(medium-term strategy)
- Very small drawdown.
- High Profit factor.
- Work on classic, time-tested indicators-Williams%R and BearsPower-BullsPower.
- It is resistant to slippage and spread expansion.
The adviser was created for the period from 2010 to 2018.
Further testing was conducted using a Forward test to exclude the possibility of fitting the results.
All brokers have 5 characters and 4 characters.
🔥 Please note: the advisor is not independent, it is created for portfolios of advisors and can have a long period of stagnation.
EA Power EURUSD MT5 passed stability tests:
It passes checks on neighboring timeframes, on a similar currency (GBPUSD).
This is done proactively, for a changing market. Sometimes EURUSD starts behaving like GBPUSD. Sometimes EURUSD on the H1 timeframe can accelerate its movements and behave as if we are looking at the M30 timeframe.
Passes the Monte Carlo checks.
The adviser does not guarantee profit. The expert Advisor guarantees small drawdowns and non-killability.
The initial Deposit is possible in the amount of $ 200. when working with a fixed lot = 0.01, but consider this as a game or as a test option for expert advisors – the so-called mini-real. Forex trading starts at least with a Deposit of 1000 dollars and much higher
Input parameters (we recommend not changing them):
BarsValid = 135;
ExitAfterBars = 96;
ProfitTarget = 207;
StopLossCoef = 1.33;
TrailingStopCoef = 2.3;
ExitAfterBars2 = 116;
StopLossCoef2 = 2.45;
TrailingStopCoef2 = 2.6;
BarsValid2 = 13;
MoveSL2BE = 35;
SL2BEAddPips = 30;
ProfitTargetCoef = 5.68;
StopLoss = 30;
TrailingStop = 56;
TrailingActivation = 35;
----------- Exit On Friday -----------"
ExitOnFriday = false – enable / disable the adviser on Friday after the specified time under the heading FridayExitTime
FridayExitTime = "20: 40" – time to close an open order and disable the adviser until Monday.
----------- Limit Time Range -----------
LimitTimeRange = false-limit the working time of the adviser (usually needed for optimization of the adviser)
SignalTimeRangeFrom = "08: 00" - starting the EA (only works with LimitTimeRange
SignalTimeRangeTo = "16: 00" - ending the adviser (only works when LimitTimeRange = true)
ExitAtEndOfRange = false-ending the adviser (if "true")
MaxTradesPerDay = 0-limit the number of trades per day (0-no restrictions)
OpenBarDelay = 0 - open bar delay in minutes
(it can be used for Daily strategies to trigger trading a few minutes later -
because brokers sometimes have technical delay after midnight and we have to postpone order execution)
Be sure to use only available funds in Forex.
Remember: if there was a profit in the past , it does not mean that there will be a profit in the future!