Smart Money Euro Dollar
Smart Money Euro Dollar is designed to trade EURUSD forex pairs. This system has the ability to completely manage your EURUSD exposure with 3 built in Money management methods. You can choose to trade with fixed lot size or with balance dependent volume size. The third option is to trade using a Martingale increase in volume when a loose trade comes in.
The algorithm uses a special trend and level system which is built in the core of the EA which achieves 60% accuracy in signals for a long period of time. It combines information from M15 to H4 timeframes and this is what makes it so powerful to get the job done.
What you need to set:
Money management type:
Fixed Lots -> you choose the volume lot size and it is always the same.
Smart Money -> You choose the volume size per 1000 units in your account - Swings a lot since after several good trades it increases volume fast but it has the highest chance to score big.
Martingale -> Since the algorithm has 60% guess rate and low consecutive loss this is the most recommended method with stable and high profits.
This is used for Fixed Lots (first MM type), The volume per 1000 trading units in balance (second type MM), Starting step volume (third MAN strategy)
This is just in case you want to stop the EA from opening more than some volume lots. If you set a higher value and use a second MM type (Smart money) at some point the EA will stop trading after reaching Max allowed volume by the broker.
If you have any trouble with risk management and need more information don't hesitate to PM me I will be very responsive.