What is Relativity System?
The Expert Advisor has been developed for more than five years according to the Trade for Living concept.
The EA follows the trend and applies Elliott Waves.
- the best strategy
- the most suitable time for trading
- the most suitable currency
- the EA should make a steady profit almost every month.
- the EA should be reliable enough to survive when testing on the period of five years.
- the EA should have an acceptable profit to lss ratio.
- No martingale
- Follows the trend
Each order is opened considering the market price direction according to the Elliott Wave theory.
- "Smart" money management
The volume of each deal is calculated as % of the account balance.
How to use?
- Most efficient on USDJPY H1 (trade only on a single pair for the best result).
First section, Main Parameter.
- Management_Percent - Risk percentage setting for each trade. Example: setting = 2.3 > the EA will trade by lot size = 2.3% of account balance.
- Equity_Mode - If setting = true > the EA will calculate lot size from % of account equity. If setting = false > the EA will calculate lot size from % of account balance.
- Custom_Time_Trade - Time setting to open trade, pending order (broker time).
Second section, Update_Optimization.
All these parameters made for future optimization update. Developer have optimization the system every year, for adaptation according behavioral of Forex market based on 3 years statistics.
- ATR_Range - Setting ATR indicator level (maximum average daily price movement).
- Profit_Protect_Mode - If setting = true > the EA will open order by separate 2 take profit level. If setting = false > the EA will open order by 1 take profit level.
- TPX_Level_1 - First take profit level setting (Calculate from stop loss level). Example: TPX_Level_1 setting = 1 > take profit will = 1x of stop loss level.
- TPX_Level_2 - Second take profit level setting (Calculate from stop loss level). Example: TPX_Level_2 setting = 2 > take profit will = 2x of stop loss level.
- Partially_Close_TP1 - If setting = true > Use partially close on TP level 1. If setting = false > Not use partially close on TP level 1.
- Close_Range_TP1 - Setting percent of TP1 length to partially close.
- Close_Percent_TP1 - Setting percent of TP1 lot size to partially close.
- Partially_Close_TP2 - If setting = true > Use partially close on TP level 2. If setting = false > Not use partially close on TP level 2.
- Close_Range_TP2 - Setting percent of TP2 length to partially close.
- Close_Percent_TP2 - Setting percent of TP2 lot size to partially close.
- Indicator_1_Value – 12 Value - Indicator value setting for trend analysis. These value are best setting from optimization based on 3 years statistic available.
- Processing_Time - Time end for open pending order setting (minute). Example: Custom_Time_Trade setting = 8 and Processing_Time = 5 > the EA will open pending order at time 08:00 - 08:05 only (broker time).
- Magic_Start - Magic number setting 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, STP broker with a spread not exceeding 20 points on USDJPY
- Minimum deposit = $500
- Minimum leverage = 1:100
- Add partially close strategy.
* Add new input parameters.
If setting = true > Use partially close on TP level 1.
If setting = false > Not use partially close on TP level 1.
Setting percent of TP1 length to partially close.
Setting percent of TP1 lot size to partially close.
If setting = true > Use partially close on TP level 2.
If setting = false > Not use partially close on TP level 2.
Setting percent of TP2 length to partially close.
Setting percent of TP2 lot size to partially close.
- Improved trend analysis system.
- Improved take profit calculation.
Decrease take profit level from 2X of stoploss to 1.95X of stoploss.
- Modified take profit level to be suitable for different account spread.
- Re-optimized all system parameters based on 3 years statistics.
- Improved take profit calculation.
- Changed money management risk setting to 2.3% for each trade.
to find better entry and exit for the system.
- Improve trend analysis method to identify overbought, oversold and sideways market condition.
- Adapt trading strategy for different types of markets.
- Add ATR indicator for trend analysis.
- Re optimization all parameters.
- Add parameters for optimization in future updates.
* 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.