What is Relativity System?
The Expert Advisor has been developed for more than five years under the concept “Trade for Living”.
The EA trades by Elliot Wave theory and Trend Following principle.
- the best strategy
- the best trading time
- the best currency
- the EA should achieve stable profits almost every month.
- the EA should be stable enough to survive in the market backward at least 5 years.
- the EA should have appropriate profit/loss rate.
- No martingale
- Trend follow system
Every order is made by considering the direction of the market price from Elliot wave theory.
- Smart risk management method
There is the risk management system of every trade clearly calculated by a percentage of an account balance.
How to use?
- Run on EURUSD timeframe H1 (trade one currency only for the best result).
- GMT_Your_Broker: specify your broker's GMT
- Money_Management: if True, the EA auto calculates lot by a percentage of an account balance; if False, the EA opens an order by a fixed lot value.
- Management_Percent: if Money_Management = True, a percentage of an account balance for calculating a lot is set here. We recommend 5 (that means 5% of the capital)
- Fix_Lot: if Money_Management = False, set a fix lot value for each order here.
- Virtual_Stops_Mode: some brokers not allow trading by a trailing stop. If true, the EA trades using a hidden trailing stop.
- MAGIC_START: set a magic number for all orders opened by the EA. You should set it with a unique number if you run another EA on your account at the same time.
- ECN broker that offers a spread value not over 20 points for EURUSD
- Minimum deposit = $50.
* Update input parameters
If set Profit_Protect_Mode = true
EA will separate order to 2 take profit level
These strategies make the system have lower draw down and more profitable in long term
If set GMT_Auto_Calculation = true
EA will calculate the right time to open order for different brokers.
If Set Show_stat_Screen = False
EA will not show statistic on chart
This function will reduce RAM , CPU usage for processing
useful for run EA on server , VPS
(Minimum distance from current price to open new order)
- New strategies long term trading and no scalping.
- Position sizing method.
- Work best on USD/JPY timeframe H1.
- No longer use trailing stop on EA (No scalping)
EA open all order by pending order
with fixed stop-loss 5 pips and take profit 20 pips.
- Add Month Filter function
We have found on June and November are bad month
because the Forex market are usually sideway on mid year and end of the year
(From 2010-2015 five years testing)
if setting Month Filter = True EA will not make any trade on June and November.
- Improved performance from 100,000 optimization count
- Improved code link for faster working
- Auto GMT calculation function.
- Improved performance.
*Run on EURUSD timeframe H1 (one currency only) for the best result.